[adios]

At least to me the rally in the bond market is incredible in light of the GDP numbers, employment numbers, and the recent Fed statements about the strength of the economy. Now that I've said this it's time to short the bonds [img]/images/graemlins/smile.gif[/img]. The 10 year peaked in yield in May putting in a double top in yield (double bottom in price, I'm not a technician of any sort btw just reading the chart) at between 4.8% and 4.9%. Bonds have been in rally mode ever since. So far in the markets it's been a good year, not as good as last year but still good nonetheless. Housing market seems to be strong, rates low so MREITs have done well in this environment.