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Tuesday, August 24, 2010

MARKETS AND RATES SHARPLY LOWER


Just a brief post here as i have been running back and forth from work, daughter at college, daughter at soccer practice, daughter flying from California (three different daughters) and trying to catch up on day today. Dow down 120 at 2pm and mlp index down about 3 at 319 and change. Sunoco Logistics (SXL) the latest to do an equity offering with the stock down about 2. And look at those bond yields sinking to all time lows in some cases. Under 2.50 on the 10 year! Not looking good is it. Not much other breaking news to speak of.

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