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Ahead of the Curve: Bond Market Is Predicting Economic Recovery
Don't think the economy is going to recover? The bond market would disagree with you.
For most of 2000, the bond market was signaling that the economy was headed for a significant slowing in economic growth. Then, nobody was listening. Sure enough, the economy began to decline a short while later.
"Last year, it was the first market to say, 'Hey, this is it,'" says Mike McGlone, vice president in trading at Aubrey G. Lanston. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
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