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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Square_Dealings who wrote (33435)5/28/2005 8:55:36 AM
From: Crimson Ghost  Read Replies (2) | Respond to of 110194
 
My take is that the stock market has rallied largely because TNX yields have dropped.

Who ever heard of environment where stocks rise (from already high levels) and TNX yields drop (from already low levels) even as the Fed tightens.