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


To: bart13 who wrote (82834)6/19/2007 7:42:58 AM
From: redfrecknj  Read Replies (3) | Respond to of 110194
 
Without much publicity, the 13 month T-bill has been rallying(= rate drop) since January(see ^IRX), creating as of today's move a gap of about 80+ basis points with Fed Funds. History says when the bond vigilantes pull this stunt, and it persists, rate cuts are a sure thing. Just wondering if you could plot ^IRX/Fed Fund Rate.