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What Is Going on with the Bond Market? Well here is your answer.
Over the past several months interest rates have come in quite a bit, with the 10 Year moving from a high of 1.765 on March 30 to roughly 1.50 right before the FOMC announcement. The 10 year then spiked to 1.60 on the announcement before collapsing 15bps in the next 2 days. So what happened?
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