Due to the extremely weak economy at home and growing troubles abroad, many analysts had looked for the Fed to add more to its easing programs far beyond the pretty much guaranteed ’Operation Twist’. However, this was not to be the case as Bernanke and Company were only willing to offer the market a $400 billion twist and nothing more. As a result, investors looked at the broad scope of data on the table– risks in Europe, more gridlock in D.C., poor levels of job creation at home– and combined this with a lack of further stimulus to sell-off stocks in droves. Seemingly, one of the few safe havens as of late in this environment have been longer term Treasury bonds which are benefiting from both the risk off trade as well as the impact of Operation Twist. In fact, demand for Treasurys has been especially robust over the past few days [...] Click here to read the original article on ETFdb.com. Related Posts: Three ETFs For ‘Operation Twist’ Tuesday’s ETF Chart To Watch: SPDR Gold Trust (GLD) Friday’s ETF To Watch: Barclays 20 Year Treasury Bond Fund (TLT) ETF Insider: Equities Back In Black ETF Insider: Gold In Freefall
Due to the extremely weak economy at home and growing troubles abroad, many analysts had looked for the Fed to add more to its easing programs far beyond the pretty much guaranteed ’Operation Twist’. However, this was not to be the case as Bernanke and Company were only willing to offer the market a $400 billion twist and nothing more. As a result, investors looked at the broad scope of data on the table– risks in Europe, more gridlock in D.C., poor levels of job creation at home– and combined this with a lack of further stimulus to sell-off stocks in droves. Seemingly, one of the few safe havens as of late in this environment have been longer term Treasury bonds which are benefiting from both the risk off trade as well as the impact of Operation Twist. In fact, demand for Treasurys has been especially robust over the past few days [...]
Click here to read the original article on ETFdb.com.
Related Posts:
