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ISM Data Rocking Bond Yields Higher After Jobs Data (TLT, TBT)
By:
24/7 Wall St.
Posted on February 03, 2012 at 10:14 AM EST
The Institute for Supply Management has issued its reading for January non-manufacturing and the data is strong. Very strong. At 56.8, this is the best reading in almost a year. Dow Jones was only calling for a reading of 53.1. The business index was 59.5 versus 55.9 in December. Employment showed the biggest gain to [...]
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