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Long term bottom in yields


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#1 CLK

CLK

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Posted 14 March 2012 - 09:34 PM

Bonds cratered over the last few days. Although yields probably won't exceed the 52 week high for awhile, the lows won't be seen for a very long time, maybe decades. I can't know, but the chart just looks that way. Interest rates are going higher. 2-3% 30 yr mortgage rates just aren't going to happen.