Rat dog micro-cap picks... Message Board

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Microcap & Penny Stocks : Rat dog micro-cap picks...

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To: Bucky Katt who wrote (45592)	7/23/2012 8:40:08 AM
From: Rangle	Read Replies (2) of 48461

Treasury yields tumbled to record lows in overnight trade as Greece moved back into the headlines over the weekend. A report from German magazine Der Spiegel suggested the International Monetary Fund may cut off aid to Greece. Elsewhere, German Vice Chancellor Phillip Roesler indicated it is 'doubtful' Greece will meet its commitments and suggested that if it doesn't, it will not receive more aid. The 5-, 10-, and 30-yr yields touched record lows on this morning's flight to safety, hitting 0.538%, 1.395%, and 2.473% respectively. Declines in yield are most severe at the long end of the curve which is down seven basis points at 2.478%. Significant curve flattening of the yield curve has the 2-10-yr spread tighter at 120 basis points. The flight to safety has also dropped British and German yields to record lows with their 10-yr yields falling to 1.400% and 1.126% respectively. Traders continue to monitor the Spanish yield curve which saw the 10-yr hit an all-time high 7.505% as heavy selling put pressure on yields. Hope those puts are still on

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