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Rising Yields Fight the Fed
Rising bond yields are further hampering the Fed's policy
Obviously the technicals are in line for another drop in equities. What about the fundamentals? With economists saying that the worst quarter was the 1st, what would prompt such a sell-off? Other than the Swine flu, because the technicals were certainly in line before the mention of that, what do you see fundamentally? Also, do you have a target for SDS? Thanks Ashraf