Posted on Wednesday, 5th May 2010 by chrisjones

Markets: Bonds are up again today, up about 18bps (which is .18), and that puts us right on the lows of the year.  Rates have not responded quite as exuberantly, but we’re touching 5% again.  Even lower on some programs. Analysis: Rates are sticky down, meaning that they stick on the way lower and don’t [...]

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