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Burden of Proof Now Shifts to Bond Bulls

Summary:
Treasury auction demand has been stable since the last debt ceiling crisis in 2015. Coupled with gradually falling supply, that has kept Treasury yields locked in a tight range. Don’t be fooled by all the media talk about the rise in yields since last month. Yields are still range bound.

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Treasury auction demand has been stable since the last debt ceiling crisis in 2015. Coupled with gradually falling supply, that has kept Treasury yields locked in a tight range. Don’t be fooled by all the media talk about the rise in yields since last month. Yields are still range bound.

About Lee Adler
Lee Adler
Editor and publisher of the Wall Street Examiner- http://wallstreetexaminer.com and The Wall Street Examiner Professional Edition, a proprietary service for professional investors and sophisticated individual investors.

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