This phenomena is very surprising and should be looked into seriously by investors. Generally, when the equity market becomes a bull market, the bond market will head to the opposite direction. In this case, it follows in the same direction. This could only mean that one of the 2 markets is wrong and a correction could be on the way!
Wednesday, October 21, 2009
The Malaysian bond market it at its highest in the last two years
The FiiX All Bond Index by BPA Malaysia shows that the Malaysian bond market is also showing the best ever performance for the last two years. Yesterday, the index went up to 111.86 points. This index appears to be tracking closely to the FBKLCI Equity Index.
This phenomena is very surprising and should be looked into seriously by investors. Generally, when the equity market becomes a bull market, the bond market will head to the opposite direction. In this case, it follows in the same direction. This could only mean that one of the 2 markets is wrong and a correction could be on the way!
This phenomena is very surprising and should be looked into seriously by investors. Generally, when the equity market becomes a bull market, the bond market will head to the opposite direction. In this case, it follows in the same direction. This could only mean that one of the 2 markets is wrong and a correction could be on the way!
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