Ben Bangs Bonds Out of Range
February 04, 2011 at 01:30 AM EST
The long end of the bond market has been stuck in a range for almost two months. I think it may have broken out of the range today. The closing price on the bond contract today was 118.99. The low set back on 12/14 was 119.05. It didn’t take much for the contract to stumble [...]