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Often times Government bonds rally on stock market weakness… has the rally this year in the long bond been a little greater than most expected though! The 30-year bond is now back at the same price as it was back at he 2008 financial crisis highs, yet the 500 Index remains 85% above its 2009 lows!
If this isn’t a “longs peak” in bond prices, one can only guess how much higher the long bond might rally should stock market, Copper weakness or GE2 take place!
“Great Escape 2″… understood
Investor X….Bonds surge on GE2 picking up momentum.
Bonds surge on Operation Twist announcement