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Wednesday, March 14, 2012

Take a look at the 10 year which is up 12 basis points at 2.23% and that has taken mlps down. The index is down 3 points at lunch time as the market is flat to a little lower on the day. Magellan Midstream (MMP) is down one. Williams Partners (WPZ)Kinder Morgan (KMP) is down 70 cents. Most mlps are fractionally lower by 50 cents or more. Martin Midstream (MMLP) and Atlas Energy (ATLS) are notable winners up 50 cents or more.

Energy stocks as a whole are down today. Natural Gas is trying to find a floor in here as it probes yesterday's lows.

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