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Tuesday, April 12, 2016

RECESSION OVER SAYS NEW DEAL DEMONCRAT


New Deal Demoncrat - the importance of the decline in corporate bond yields. He notes this should indicate that the industrial recession is over.

Then again, maybe corps have declined because they're the only bond still yielding a positive return, and fear of recession has driven people out of stocks and into bonds?

When you talk about moves in interest rates, it's probably a good idea to keep in mind the supply-demand situation.


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