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Bonds Close Strongly

December 17, 2010

Amazingly enough, the 30 year bond market closed on its highs today, just a few points lower than last weeks close.  It almost seems like a few people do not want to carry a short bond position over the weekend.

And the 10 year ended up on the week!  Remarkable – According to the naysayers, bonds are on their way to zero – glad we bought them on tuesday am.

Bond Market Bears, be afraid.

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