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Taking Stock Of The Debt Deal

MRKT Matrix

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The Ten Year Inversion of TAC

The 10 year and the discount to the two is obviously a respective of future growth. The two is tracking what the Fed is likely to do and where Fed funds is. And if the 10 year were to continue to slide lower, and I think it does is my, my, my guess here is that some of the growth data like look like it's weak.

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