No Scheduled news this morning and all eyes are on......wait for it....Yep, Greece again. This time we think they will reach a new agreement and bonds are selling. I dont think we have heard the last of this yet, the Greeks are not too keen on taking the painful steps necessary to right their situation. Sound familiar?
This could prove to be a very important US history lesson and it is one we need to learn fast!
Let's hope bonds hold 100.60 today. It does not look that great so far. If we sell through there, look for another test of 100.20. This is a big news week and I doubt we get directional clarity until after GDP.
Have a great week!
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