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Tuesday, November 28, 2006

Bonds Approaching Highs of the Year!

Bonds approaching highs of the year! At the beginning of 2006, few traders expected Treasury Bond prices to rally, with the Federal Reserve continuing their tightening campaign and fears that high energy prices would push inflation to unacceptable levels. However, just this morning, December Bond futures moved to their highest levels since January, as US durable goods orders for October fell the most since 2000. Read More....