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Pastimes : The Hot Button Questions:- Money, Banks, & the Economy

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To: maceng2 who wrote (281)7/29/2003 11:41:31 PM
From: Wade  Read Replies (1) of 1417
 
Hi Pearly,

During the last several years CRB index and 30-year bond yield are roughly moving in sync. However, the divergence occurred from Mar. 02 till earlier this month. I think this was due to Fed's loose money policy to artificially force the yield lower hoping for economy recovery.

Now, both of my long and short term TA indicators showed that both CRB index and bond yields are heading upward. CRB index still fall behind of bond yield. I will watch both of them very closely because major market indices are making divergent gestures as well. Good luck and take care.

Wade
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