Thursday links: false signals

R.I.P. the bond bull market . ( MarketBeat ) Are the transports flashing a ‘ false signal ‘? ( WSJ.com ) Is the TIPS spread an unbiased indicator of expected inflation? ( Market Movers ) Libor uncertainty and the drop in open interest in Eurodollar futures. ( naked capitalism also EconLog ) “(W)hy have yields on U.S. and Canadian preferred shares stayed stubbornly high when central banks have been slashing interest rates?” ( Market Blog ) “Are European banks significantly riskier than American banks?” ( Market Movers ) China continues to tweak their tax system to prop up stocks. ( Money & Co. , ETF Trends , The Stalwart ) “Hedging costs money .” Just ask the airlines. ( MarketBeat ) Cash flow trumps discount rates in determining stock valuations. ( CXO Advisory Group ) “ A trillion dollars of assets under ...