Bishops plans to take on local rivals have stalled in shanghai. Asiagood morning to our asiapacific viewers. Upside, four the for four days in a row. Yvonne, it is valentines day so investors were feeling the love. Have my pink and red valentines day tie in gettingion as youre ready for the year of the dog in china. Interesting what happened. 2. 12 is where it came in. When s pxpecting 1. 9 cominget numbers were in. We ended up near session highs. Vonne despite how we see yields heading higher, it seems were shrugging off inflation print and adding to risk. The interesting to see s p 500 reverse and gain back the losses from this year already. Ramy lets get more into this yvonne, because the s p 500 advancing four days in a solidifying the rebound despite the higherthanexpected set by a decline in retail sales. Down, su keenan is here with more. It seems the bulls were ready to run. Su it seems were getting two stories, perhaps the economy not as strong as we thought with the decline i
Strategist for the last two or three years. I think they have a right to be a bit cautious or unnerved at this point. It seems the bias for rates is upward. The bond market has been in a 30 year bull trend. Yields keep going down and returns are good. I think he is maybe too pessimistic about where bonds are. We will be in a 2. 4. To 2. 7 range you will definitely see bond yields head back towards to 2. 6 or 2. 7 level. I am pessimistic about the probability we can get higher. Well think it is going to happen externally fast. I dont think it is going to be are really distracted in that sense. Jonathan joining the around the , joerns Kathleen Gaffney wasmund and Jack Flaherty great to have you with us around the table. Lets talk about the backup in treasury yields. I can bring that up for the viewers right now. The moment of truth has arrived for the secular bond market bull market. Sand the 2. 4 line in the that bill gross has talked about, as well as janice anderson. How important is
Be a bit cautious or unnerved at this point. It seems the bias for rates is upward. The bond market has been in a 30 year bull trend. Yields keep going down and returns are good. Hate to argue with him, but i think he is maybe too pessimistic about where bonds are. We will be in a 2. 4 to 2. 7 range. We are in an environment where you will definitely see bond yields head back towards to 2. 6 or 2. 7 level. I am pessimistic about the probability we can get higher. It is just a question of pace and pass. How fast is that going to happen . We dont think it is going to happen externally fast. I dont think it is going to be are really distracted in that sense. Jonathan joining the around the table is Kathleen Gaffney, Joern Wasmund and Jack Flaherty. Great to have you with us around the table. Lets talk about the backup in treasury yields. The tweet from jeff gundlach, the moment of truth has arrived for the bull market. It is the 2. 4 line in the sand that bill gross has talked about, as w