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Mortgage Bank Closes


erayboy

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Fidelity president said "no one on the planet" could have foreseen the swift jump in interest rates.

 

NOT exactly. Apparently he doesn't get the ANALS. Doc made a great call on the bond market and realized that the turn two months ago marked a very major trend change.

 

Also it was discussed in Stoolville a few months ago that the rising federal borrowing requirements this summer would impact the bond market.

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