SandnSea Update: I met with the branch manager, privately in his office. Bottom line, he took notes, was quite interested in what I was saying as he only knew what clients were telling him and wanted to do more research on his own.
He wanted me to meet with the S. Florida Wealth Manger later in the week. He assured me that the WM must know something. To order foreign currency this bank he must order it from elsewhere.
Though it is a large chain bank in many states, it’s not big on currencies other than ours. He Asked where he could get additional info. I felt like his teacher. He was willMing to learn all he could,but could give me no additional information. i will see if this next meeting brings anything. I will keep you posted good or bad as I promised.
SandnSea First Post
Angel:The Bond Market Is Flashing a Signal That Traders Haven’t Seen Since 2012
Eliza Ronalds-Hannon ElizaHannon
September 14, 2016 — 12:07 PM EDTUpdated on September 14, 2016 — 12:40 PM EDT
Deutsche Bank’s Chadha: ‘Serious Carnage’ Coming in Bonds curve steepens ninth straight day as Fed hike bets ebb
Shorter maturities lead advance, with bonds lagging behind
The $13.6 trillion Treasuries market is sending a signal it hasn’t flashed in more than four years.
The message: short-dated debt is the place to be. The extra yield that investors demand to own 30-year rather than five-year obligations, a measure of the yield curve, rose for the ninth straight day. That’s the longest streak since 2012, data compiled by Bloomberg show.
Treasuries rallied Tuesday as traders gained confidence that the Federal Reserve will keep interest rates steady at least through next week’s policy meeting.
http://www.bloomberg.com/news/articles/2016-09-14/bond-market-flashes-signal-that-traders-haven-t-seen-since-2012
