| 8:50am ET - Market Extends Gains: Treasuries continue to regain ground. The data helped a bit & Snow's repetitive comments on CNBC could not hurt trade. Yields on the 10-yrs are back near last week's lows while the 2-yrs are hanging tight. The curve has resumed the flatter stance, with the 2-10-yr yield spread narrowing below... Dec 12 2005 - The Interest Rate Outlook: The 10-year and other Treasury yield charts are linked off the Charts and Data listing. Longer term charts are linked to the listings below. 10 year yields are holding near 4.5% after trading in a 25 bp range (4.4% - 4.65%) over the last month. Tuesday's Fed policy... Dec 13 2005 - No Longer Accommodative But Still Rising: The Fed voted unanimously to raise the federal funds policy rate for a 13th consecutive FOMC meeting Tuesday. The 'measured' pace of 25 bp leaves a 4.25% overnight federal funds rate target and a 5.25% discount rate. The market was watching for changes in thepolicy statement and that's what it got but without much clarity on the extent of the tightening ahead. The change in the policy wording was the removal of the phrasing that policy was 'accommodative'. The 4.25% policy rate demanded the change as... | | Take
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