Trader: "The Plunge Protection Team Is Happening In Bonds... Right Out In The Open"
Having lambasted the market's abhorrent response to the worst terror attack in Britain in 12 years yesterday, Bloomberg's Richard Breslow takes aim at the flip-flopping consensus rearing its ugly head in bond land worldwide.As he writes, it’s become very fashionable to get on the bandwagon that sovereign yields are never, or at least no time soon, going to rise.
Continue read: http://www.zerohedge.com/news/2017-05-24/trader-plunge-protection-team-happening-bonds-right-out-open