TheStreet.com RealMoney
A Bubble for Bonds?

By Helene Meisler

About this article:
Clearly, a low reading in the index put/call ratio is not to be ignored. Nor is a high reading in the International Securities Exchange call/put ratio. Keep in mind these are not sentiment surveys, they are reflections of what folks are actually doing with their money. The good news about Monday's decline was that volume was relatively light and the number of stocks making new lows did not expand in a major way. But that's where the good news ends. Nasdaq relative to the S&P 500 was flat as they both fell fairly similar amounts and that type of action does not allow for the ratio to come down under 1.7. Away from stocks, my inbox is filled with questions on bonds. I suppose we could say the move in U.S. Treasuries is unprecedented. But that term has been so overused lately I'm not...

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