Since the obsession is with the 10 year i think as long as it doesn't fall out of bed today the markets will be stable and MLPS can rally. The index was up 1 and change this morning..then a pullback to up .30 and now some more firming as the Dow Utilities index is up 4 points. Duke Midstream(DPM) Breitburn (BBEP) E V Partners (EVEP) Holly Partners (HEP) and Penn Virginia Holdings (PVG) all up a dollar or more. Strong fractional gains in Linn Energy (LINE),Martin Midstream(MMLP)US Shipping (USS) and Kinder Morgan Partners (KMP) which is getting the Barron's boost.
On the losing side, Sunoco Logistics(SXL) is down 1, Global Partners (GLP) ,Markwest (MWE) Terra Nitrogen (TNH) and Calumet (CLMT) down fractionally.
Commodities suppot today as those markets are higher except for Natural Gas. Ten year rate up .02 at 5.14 and holding.
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