Wednesday, October 24, 2012

So its no surprise, the bond mkt has built value at slightly higher prices

With stocks stabilizing at somewhat near the recent lows, bonds are stabilizing at somewhat near their recent highs (not high enough if you ask me...but i digress).

So, the big question...will anything big happen before FOMC at 2:15?  My guess, probably not..

For those longer term view are stocks making lower highs and lower lows...and breaking threw the trend-line support with conviction after flirting with it about a week ago. 

My crystal ball foresees 10yr yields dropping like a stone in the next 7 days.  You heard it here first...

govttrader out...

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