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The Nemenoff Report Bonds Lower, S&P's higher, Silver Higher

Financials: June Bonds are currently 12 lower at 143'18 and the 10 Yr. Notes 3.5 lower at 131'16.5. I continue to have a long term negative bias but caution against selling breaks. Resistance remains in the 144'26 area and support is currently the 143'05 area. Consider going long out of the money puts and/or put spreads or yield curve spreads such as long 10 Yr. Notes/short 30 Yr. Bonds or long 5 Yr. notes/short 10 Yr. Notes.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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