US Treasuries rally higher, as equities cannot hold on to their early gains

Markets: Fixed Income On Tuesday, the plunge in the oil price caused some huge volatility on all markets including the bond markets. These moved in first instance sharply lower, especially in Europe, but recouped most of the losses in afternoon, as US Treasuries turned north and US equities couldn’t hold on to their early gains. The data played only a minor role, even though the rally on the US bond market... [read full story]