Monday, May 23, 2005

BOND YIELDS

When does the STOCK MARKET pay attention to the BOND MARKET?

10 YR yields now down to 4.08% ! Gold , commodities and Bonds surely are not signalling INFLATION!

A strong economy and stockmarket should NOT have Bonds forcasting weakness, and a LOT of money has come out of HIGH RISK HIGH YIELD Corporate JUNK to treasuries.

D
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