Blowback...
Dollar falls to record low against Euro: Euro=$1.55
Oil hits new high: $110/barrel
Wheat: up 5.33% $13.28/bushel
Dow: down 46.57
10-yr.: 3.483%
30-yr.: 4.41%
The long bond sees this move for what it is: deflationary.
The primary dealers were very short Treasuries. Now, they're just short even more Treasuries.
I bought more IAR at $4.10.
0 Comments:
Post a Comment
<< Home