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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 677.58+0.3%Nov 5 4:00 PM EST

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To: SGJ who wrote (37081)8/29/2012 10:33:12 AM
From: Keith Feral  Read Replies (1) of 218464
 
10 year yield back to 1.66% today. Looks like a new buy signal for the dollar and higher rates.

1.7% GDP report is keeping the move and rates lockstep. Commodities no longer get a free pass higher every time the market rallies.

Corker was ranting against the FED's policy yesterday. As we pull towards the election cycle, I think the positive correlation between the dollar and rates will continue.
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