Bonds Continue To Rally After Obama's Budget Speech

If bonds were selling off after Obama’s budget speech, you’d surely hear that the market was rejecting his weak-sauce proposal to balance the budget.

As it is, bonds are rallying. We’re pretty sure there’s no connection.

Here’s a look at 10-year Treasury futures.


NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at