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http://online.wsj.com/mdc/public/page/marketsdata.html?refresh=on

Leftback said...

As the Geordie darts commentator might say: "Double Top"?

Double Top?

No. Obviously not. LB is always wrong, after all. No chance of mean reversion....

It's much more likely that 30y yields will go to zero, junk spreads will widen to 25%, China will go from 9% growth to -10% OVERNIGHT, and the repo market will seize immediately leading to a TOTAL crash of CRE, REITs going to ZERO, banks shuttered, and tumbleweeds blowing quietly through the streets of our cities, the silence broken only by the occasional electric cars driven by the Tin Foil Hat Brigade as they venture out from the shelter to forage and barter silver bars for Twinkies, ever wary of small bands of vicious Hedge Fund Zombies roaming the landscape looking for alpha.