From Zero Hedge:
... From Goldman: "Since the end of last August, we have argued that 10-year U.S. Treasury yields would not be able to sustain levels much below 2% in this cycle. Yields have traded in a tight range around an average 2% since September, including so far into 2012.
We are now of the view that a break to the upside, to 2.25%-2.50%, is likely and recommend going tactically short. Using March 2012 futures contracts, which closed on Friday at $130.08, we would aim for a target of $126.00 and stops on a close above $132.00."
As a reminder, don't do what Goldman says, do what it does, especially when one looks at the firm's...
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