Wall Street Webcasting presents Wells Fargo Securities: The 10-Year Treasury is at an Inflection Poi
Mar 13th 2013 10:35AM
Updated Mar 13th 2013 10:42AM
Wall Street Webcasting presents Wells Fargo Securities: The 10-Year Treasury is at an Inflection Point
NEW YORK--(BUSINESS WIRE)-- Wall Street Webcasting presents exclusive video of Rich Gordon, the highly regarded Fixed Income Market Strategist of Wells Fargo Securities (NYS: WFC) . This week Gordon reviews the past months "great rotation" out of bonds into stocks. Friday's Nonfarm Payroll Report released data reporting that 236,000 jobs were created, showing continued strength in the private sector. This report helped drive the Dow Jones to another record high on Friday.
A look at the Volatility Markets help confirm this trend, with bond investors having more worries about hedging to sharp price declines from the current levels seen. The VIX Index dropped to 11% Monday for the first time in 11 years while Swaps and Volatility reached the highest levels since last September on Friday.
To hear Gordon's analysis of the 10-Year Treasury Yield and where the sources of concern for bond investors are, tune into Wells Fargo Securities' newest video.
Please visit the following link to view the video:
Wall Street Webcasting
William Colon, 201-683-2100
KEYWORDS: United States North America New York
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