Wednesday, August 17, 2005

10 YR Finally reacts to Inflation?

http://finance.yahoo.com/q?s=%5ETNX shows quick reaction to PPI

http://finance.yahoo.com/q/bc?s=%5ETNX&t=my LONG term look shows you how drastic the FED'S approach has been or is it the markets reaction to economic fundamentals?

The short term direction of yields is still up in the air IMHO. Today market action a little relief to selling pressure.

D

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