Contrary to what some might expect the unrest in Egypt is helping our markets today as investors look for security. Consequently we are up on the day five ticks which will lead to better rate sheets and pricing.
Difficult to call this a trend, we are definitely trading in range right now although it is important for us to develop a recent history in which the 4.5 note remains above the 102.00 price point. Today will be day two if we don't experience a sell off (currently trading at 102.08).
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