It was also a reaction to disillusion and weariness with the Iraq war in the nation's region most inclined toward pacifism, isolationism, and dovishness
The 1972 GOP platform criticized the Democratic Party's newfound dovishness
The Fed's recent dovishness
has had a positive effect on bond performance, and data suggest retail investors are taking note, according to Loewengart.
Hawkishness or dovishness
could easily exacerbate the current sell-off, tightening financial conditions further.
US stocks closed higher on Thursday with the SandP 500 ending at a 7-week high as financiers saw more signs of dovishness
in the Federal Reserve's September meeting minutes which shed light on its decision to keep policy rates near zero.
So, the minutes showed a Fed mired in indecision, erring on the side of dovishness
," said Stephen Guilfoyle, managing director at Deep Value, Friday.
Despite the Yellen Fed's dovishness
, the US macroeconomic momentum can well ignite a mini-1994-style panic in the bond markets.