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With your host Hank Cunningham
 
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The Beat goes on

Today's bond market is sharply weaker with equity markets poised for a big rally, at least to start with.

 I note that the TED spread has fallen to 262, falling for 12 straight days from 436 2 weeks ago.
 US home prices fell 16.6% in August, versus 16.3% in July, with signs of a pickup in buying interest although no bottom appears to be anywhere in sight.



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