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bellweather1

06/22/12 4:45 PM

#19993 RE: BTH #19990

That's probably true regarding the last print-

But I would bet that doesn't account for all the volume today.

We've seen a lot of accumulation and stabilization at this 17s level lately, and, I view such range tightening, with all the vol in the world, as a big plus.

But thanks for pointing that out.