Bloomberg blames the bond market for signaling displeasure with Obama economic policies and the Fed’s aggressive QE. The forex market has been there every step of the way. Commodity currencies have been signaling inflation fears for going on three months now and the greenback has been in a sustained downtrend just as long.
Anytime you see the press credit the bond market for sending warning signals to the new administration, take comfort that the dollar is just a clear a beacon.
