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Home > Stock Surge Back To Pre-Shutdown Levels Despite T-Bill U-Turn

Stock Surge Back To Pre-Shutdown Levels Despite T-Bill U-Turn

By Tyler Durden
Created 10/10/2013 - 11:04
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 10/10/2013 11:04 -0500



 

It would appear the stock market has decided it's a done deal. The S&P has soared 40 points from its lows yesterday retracing all the way to pre-shutdown levels and the all-important Dow has regained the Maginot 15,000 level. Never mind that short-dated T-Bills are selling off once again (10/17 now only -10bps from -30bps earlier; and the 11/29/13 bills is 6bps higher at 11bps).

 

[2]

 

but Bills are selling off once again....

[3]

 

Charts: Bloomberg

 

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