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Monday, November 21, 2011
Interest Rate Seasonality
Below is a chart of the average monthly change in yield for the 10 year treasury over the last 60 years. Historically November has been the most favorable month for the rates market. So far despite the 4% fall in equities markets, rates haven't moved quite as much. The 10 year is right where it started the month, at 1.96%.
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