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VIDEO: John Kosar, Director of Research, appeared on Fox Business on August 19th 2010 to discuss Asbury’s expectations for a bottom to emerge in the US stock market amid a coincident peak in US Treasury prices and corresponding bottom in long term US interest rates.

The US stock market proceeded to rise by 268 points or +25% between August 19th 2011 and Feb 22nd 2011.  During the same period, the yield of the US 10-Year Treasury Note also rose as expected, by 1.17% basis points to 3.75% by February 8th 2011 while the price of the CBOT 10-Year collapsed by 7 16/32nds or -6%.

 

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Appeared on:
August 19th, 2010 at 1:30 pm