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B4 the Bell Frythehelloutofthebullday 5704


Guest yobob1

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I said yesterday afternoon in stooltrading that the late boner run meant that somebody big had been tipped on the jobs number, and that the bonds would collapse this morning.

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If the Ten Year yield is held in check today and the markets finish in the green, can we all agree that it's due to intervention? I'm not saying it's going to happen, but if it does, can there be any other explanation?

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1 year treasury now 1.80. That's 100 bp's since last summer's low.

 

Farewell To ARMS

Should Greenspan be re-appointed. One would expect the Honorable Ron Paul and the one other financially literate member of Congress to take him to task on his call to move into ARMs at the exact low in rates.

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yesterday there was a great, ;) , piece in a local rag about the Fed and that they are the reason that the housing rates are going up, it seems, according to this article, that the fed has been telegraphing their intention and that is a good thing, because it gives the players time to adjust their positions, and the don't get caught with their pants down. LOL, reporters who know nothing reporting on nothing, what a joke.

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