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Financial news I consider important, with my opinion, which is worth as much as you paid for it.
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Wednesday, December 15, 2010

US bond rates accelerating higher

US 30 year bonds are accelerating higher. At this pace, rates will hit critical levels by end of year.
In addition, netflix, salesforce.com, and bestbuy are looking pretty weak in stocks. While bestbuy has much less risk.

Market holding up as rates rise. But I can't see the market flying higher if long term rates start heading towards levels that we haven't seen since 2008.

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