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A datelining day?

If what is occurring now had occurred closer to the close the play would be load up on junk bonds. As it stands and assuming we don’t give back much before the close the dateliners will be out in force grabbing international/foreign equity funds as they react tomorrow to the explosion in our markets. Be careful though because some foreign funds now do fair market pricing on days like today. Many don’t though. However, expect a ban notice if you are in and out. A ban notice is worth it though. I have never seen up volume over down volume as great as today on the NYSE.


Comments

  • Thanks - I loaded up on emerging market bond funds and global high bond funds. Like BXIYX.
  • I'm hiding from the volatility as far as my bonds/cash is concerned. SWVXX. I kept my equities where they are.
  • edited April 9
    The SUTXX return has been slowly sliding over the last eight months: from about 5.17% last August down to 4.13% now. It's going to be interesting to watch the returns on MMKT funds like SWVXX and SUTXX and see if they stay firm or even go up a little bit due to the latest whims of our glorious leader.
  • I added some to BISMX; we will see whether they use fair pricing.
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