|Day Low/High||0.00 / 0.00|
|52 Wk Low/High||105.32 / 143.05|
The Fed has little reason to slow its purchases substantially, other than to break our collective addiction to unnaturally low lending rates.
The U.S. market's current direction has little to do with a strong domestic economy and more to do with the Fed.
Will the S&P 500 pull back? Will there be a run on European banks? No wonder safety seekers appear interested by U.S. Treasuries once again.
Long-term bonds are quietly putting together a record year, thriving off uncertainty and yield starvation.