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Yld Curves Flatter No Matter What Futures Do!

US TSYS
Yield curves still flatter, albeit off new 18+ month lows this morning, as long end rates bounce -- apparently following Bund lead off lows. Bonds actually extended highs after making session lows recently, but are receding.
  • Note: equities also climbing on mostly positive earnings reports (Dow +175.0; Eminis +22.0): Ford climbs t highest since 2014, Mastercard gaining while Ebay falls on miss.

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