the yield curve is coming in nicely.
3 month up .4%
6 month up .25%
2 year up .04%
and the rest inch their way along.
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Tuesday, October 7, 2008
Yield curve
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