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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Real Man who wrote (3325)12/12/2003 5:21:32 PM
From: mishedlo  Read Replies (1) of 110194
 
I think the top in bonds
is in. It's a matter of time - perhaps, 1-2 months, before
this mess blows up!


THE top is very likely in. We agree.
That is far different than your 1-2 month assumption.
I would not be surprised below 4% again (in Fact I expect to see yields below 4.1% again on the 10 YR).

We hit 4.18 today before a selloff occurred.
Judging from this action we might just stay rangebound 4.14-4.35 for some time. Who knows. I would not be a buyer or a seller here.

M
M
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