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Rivers 1

Re: YellowBull post# 2311

Tuesday, 06/05/2012 4:55:15 PM

Tuesday, June 05, 2012 4:55:15 PM

Post# of 37921
Interest rates are basically dictated by treasury yields/demand. Germany has low to negative yields with no QE.

With regards to housing, get ready for the next round of foreclosures. Also the shadow inventory is still alive and well. Schiller says home valuations could still fall up to 20% in some regions.
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