Savvy Trades and Investments

[nelson1234]

hey hardcore, re "Nelsonzero.. Show some evidence that Brexit will effect interest rates .. You won't be able to cuz ur a newb and this stupid crap like this is going to effect the market"

OK. The issue you must have is with my statement, "Brexit has had an immediate effect of lowering bond yields [referring particularly to the 10 year.]"

You may know that the Brexit vote was announced before the open on Friday 6/24/16. The effect was as follows:

Inerest Rate 10 Year (^TNX) Chicago Options
1.5790 Down 0.16 (9.20%) Jun 24

BTW, thats the biggest one day percent change in the 10 year bond yield in three years. And that proves that my statement, 'Brexit has had an immediate effect on lowering bond yields' is correct.

best.