Submitted by Tyler Durden on 06/28/2011
Sounds bad, but rates are so low that any move looks big. Let's see if that continues. At any rate, as I said before, I wouldn't buy bonds at all. That statement was made months ago.
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Wednesday, June 29, 2011
Horrible 5 Year Auction Sends Treasury Complex Into A Tailspin, 5 Year Yield Surges 22 Bps In Two Days
Sounds bad, but rates are so low that any move looks big. Let's see if that continues. At any rate, as I said before, I wouldn't buy bonds at all. That statement was made months ago.
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