Interest Rate Roundup

Friday, January 26, 2007

reversal alert...

Those bond buyers are pouring it on now, helping reverse the early losses. I said these levels were a key technical battleground, and it looks like things are getting bloody. Is all the bad news "priced in" to the bonds here for the very near term? Is this just short-covering? Are traders squaring their books ahead of next week's Fed meeting? Can I possibly ask more questions in a shorter period of time?


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