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Hot bonds….Govt. Bonds/TLT  Cold Bonds…High yields  

Hot bonds turning Cold…The above bond 3-pack reflects some bonds that have been hot, that are either on support or breaking very steep rising support lines.  Too soon to tell, yet AGG might have created a H&S top, before breaking support.

Is this noise or could it be sending a message?  Certain types of bonds turned from Hot to Cold back in 2007/08.  Could these have done that? 

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