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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Les H who wrote (44002)1/6/2006 3:23:35 PM
From: benwood   of 116555
 
I felt, as did others here, that the removal of the 30-year bond was solely to cause a downward spike in the 10-year, and that was desired in order to light one more bonfire under the housing bubble. It worked. The return of the 30-year probably is tantamount to the gov't throwing in the towel on that particular bubble. Wonder what they'll do to try to suppress the gold bubble?
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