Posted on Friday, 10th July 2009 by chrisjones

Markets: Doing well again today.  Yesterday broke the string of 5 straight days of rising bonds and falling rates (we have never had, in the years I have been following this, 6 green days in a row, so it was expected), and today we’ve continued the trend of the past week.  Rates continue to improve.  [...]

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Posted on Monday, 6th July 2009 by chrisjones

Market: We’re up 19 bps so far today, picking up 3 bps every 45 minutes or so.  Slow movement on heavy volume.  That’s pushing us back into the low 5% range on rates. Analysis: This is really quite interesting.  The government auctioned off $8 billion in 10-year notes this morning and the demand was very [...]

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