Chaos In The Casinos—What November’s “Before” and “After” Portends

The bond vigilantes nearly tagged the 2.50% mark on the 10-year Treasury on Thursday compared to a low of just 1.32% back on July 6th. But, apparently, what's to worry? According to the Wall Street stock peddlers---who are pleased to call themselves economists and equity strategists----the huge bond losses since July was a good kind of punch in the face if you happened to own one of these "safe" IOUs issued by Uncle Sam.
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