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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?


To: Paul Kern who wrote (8845)12/27/2005 3:17:24 PM
From: Real Man  Respond to of 12411
 
You could say foreign CBs are part of that market.
However, I think the bond market is far more complicated than that, given quite substantial (300 Trillion notional) derivative
market around interest rates. I think the interest rates are
"derived" from the trading of interest rates derivatives market,
not the other way around.