Risk is Fed will try to talk benchmark rates down with their comments. Fed's job becomes harder managing inflation/dollar consumer spending. If interest rates backup on the ten year. They will not give signals for a hawkish stance. The blow from housing is softer when the ten year yields are better managed since lots of ARM's are online. The FED will try to curtail interest rate rises. Money should flow back into ten year, to test 4.4% again. This should support equities/economy. Gold should pop up with less hawkish stance.
huh > ? go and tell that to the prop traders placing big bets or making them tomm as the numbers come out
big bets? the fat thumbs cant afford to let the 10 year migrate out of the 4.5 - 5.0 channel or the currency market does a 3 sigma.... give me back the '80's and 120 tick weekly swings...them was the days
http://www.bloomberg.com/apps/news?pid=20601087&sid=aEIVssWOFsyk&refer=home economists expecting strong retail sales. I don't think they will come in strong.
http://finance.yahoo.com/charts#chart1:symbol=^tnx;range=my;indicator=volume;charttype=ohlc;crosshair=on;logscale=off;source=undefined looks like long term bond market prospects are one of bearishness.
http://finance.yahoo.com/q/bc?s=^TNX&t=my&l=off&z=l&q=l&c= http://finance.yahoo.com/q/bc?s=^IXIC&t=my&l=off&z=l&q=l&c= stockmarket is leading long term rates higher. compare the two charts. http://finance.yahoo.com/q/bc?s=^TNX&t=my&l=off&z=l&q=l&c=