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Bond Traders Are Doubters, Lemmings or Sissies

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YOU TELL 'EM, CB
Interesting take on bond market action of late from Bloomberg's Caroline Baum, who asks, "Where are those gunslingers of yesteryear, ready at a moment’s notice to assert themselves in the marketplace, challenge the Fed on its easy-money stance and punish the federal government for its profligate spending?" She offers five possible answers well worth a look.

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