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Today's commentary

Government bonds continue to slide with 10 year US Treasurys now at 2.55%, up 50 beeps in 3 days!

 At the same time, corporate spreads continue to narrow.
I will update the charts shortly but as I have been saying, trees(in this case bond prices) do not grow to the skies. This is the most overbought government market that I can remember.

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