Bulls and bears are butting heads over direction of the bond market; the majority of investors today expect swings in one direction or the other.

Large speculators were net short nearly 82,000 futures contracts, and VIX is near its all-time low.

Large speculators were net short nearly 82,000 futures contracts, and VIX is near its all-time low.

To fight deflation, European Central Bank became first major central bank to charge, rather than pay, banks for parking cash with it.