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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Jeff Jordan who wrote (252631)7/28/2003 4:26:45 PM
From: UnBelievable  Read Replies (2) of 436258
 
Long Term Interest Rates Have Increased A Stunning 25% From Mid June

Mid June 10 Year T-bills were priced to yield about 3.6%
Today the near month future contract is priced to yield almost 4.5%
For those buying at the top this increase produced some equally stunning loses.

Both the 10 and the 30 closed at key support (prices closed on the lows).

If this support does not hold it could get very interesting.
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