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-$0.03 (-0.12%)
06:43PM (15 mins delay)
Nov 06, 2009 - 8:33 AM EST
If seems that every which way we look, evidence continues to mount in support of economic growth. We have our suspicions as to why this is happening but to be honest these suspicions are of little significance. What's important is simply that it is happening.
Note how the US Treasury market is behaving. TIPs are on the verge of breaking out against non inflation protected treasuries and long dated US Treasuries (20 & 30 yrs) are trading at multi-week lows.
Source: Seeking Alpha (Nov 06, 2009 - 8:33 AM EST)
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