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January 23, 2014
U.S. 10-Year Yield Falls to Six-Week Low After Economic Reports
Treasuries rose, pushing 10-year note yields to a six-week low, after continuing jobless claims rose last week more than forecast and a manufacturing gauge unexpectedly fell this month, reflecting an uneven economic expansion.
This is not investment advice. If slapping parabolic trend lines onto a series of data points could accurately predict the future then historians would all be billionaires. That said, damn. Bad chart. Bad. Bad.
Source Data:
St. Louis Fed: Continued Claims
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Posted by: Tukiyooo
Continued Claims Updated at :
8:23 AM
Thursday, January 23, 2014
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