We finished up for stocks on the week, best since November 2008. But both these rallies have proceeded unpresidented market hammering's, so it was to be expected really.
Bund sold of heavily on Friday initially after week auction results, while volume is still relatively light which added to the exaggerated move, it was still a big move and caught a few stops along the way.
Euribors were pretty active today, volume was concentrated around the front months with red and green month liquidity very low. This made trading difficult in these far end months.
Personally had a difficult day, couldn't get into the groove but managed to eke out a small profit. Next week will be interesting, with the feds decision on Tuesday. Its likely they wont do much but their wordings will be the thing to look out for.
Have a nice weekend!
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