An Important Development in the Bond Market Yesterday
February 04, 2011 at 09:14 AM EST
Lost in the Bernanke Shuffle yesterday, was the breakout in the 10 year bond over 3.5% yesterday. After a huge spike from October 2010 to mid December, the 10 year has been rejected at the 3.5% level roughly 4 times the past 6 weeks, but whatever macro views that pushed gold up also had bond [...]