
Holiday Shopping Kicks Off, Crude Crash and Bad Apple
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GOVT, TLT - I Still Like That Trend
The lower rates go here, the more it means that we are increasingly likely to go into a period of contraction. The only reason why 10-year yields are not significantly lower is because of the stickiness of two-year. I think when people realize that yields are going down for the wrong reasons, they're going to rethink that. If you draw a line and maybe Carter later this week, we'll take a look at some of these.
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