Another reason for bond to go up. This is quite a move we're seeing the last fewdays, especially considering the Fed will raise again in less than two weeks (to 4.75%, which will be above the 10-year rate of 4.64%).
Or not. Anybody have a chart of 10-year bond yields versus Fed Funds rates? How often to the FFs yield more than the 10-year?
Any of you longs selling around here. Looks like the Feb highs (10-yr yield) could be support right here.