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Thursday, July 01, 2010

MLPS selling off with everything else as we have hideous economic stats. Dow down 85. MLPS down 4. The 10 year is at 2.89%, and isn't in wonderful how wrong (myself included) the conventional wisdom is about rates that had no where to go but up...and here we are at new lows in yield! Brilliant what a depression and a deflation can do.

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