June 13 (Bloomberg) -- Retail sales in the U.S. rose by the most in more than a year in May, easing concern that record gasoline prices and falling home values would damage consumers.
Interestingly enough, yields drop for now. Futures are up and NQ is above the critical 1921 level after testing 1912, monthly pivot. It's as if nothing happened. Now if Greenspan could just keep his mouth shut...
Bonds were so oversold, a rally was expected. ZN now above 104, but keep an eye on that level.
Interestingly enough, yields drop for now. Futures are up and NQ is above the critical 1921 level after testing 1912, monthly pivot. It's as if nothing happened. Now if Greenspan could just keep his mouth shut...
Bonds were so oversold, a rally was expected. ZN now above 104, but keep an eye on that level.
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