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I dont see this impending huge selloff in treasuries. Listen to the dovishness in europe with regard to a variety of issues, not the least of which is they are worried about a high euro and growth in some of the southern countries. Yeah. What did you i do see it playing out in high yield and corporates. Quickly if you look at barclays, onemonth spread on Investment Grade or the etflqd, you can see they have lost a lot of ground, and the one that was the best high yield, the next two charts, this is really giving it up, so i think thats the battlefield for maybe some of the nay sayers on treasuries. Its more what they reached for three to eight weeks ago that they seem to be dumping. Rick, what did you think of Mario Draghis News Conference this morning, the president of the European Central bank, as expected, didnt cut rates, but he was talking the euro lower pretty clearly today, wasnt he . Oh, absolutely. Listen, the Foreign Exchange group down here is a pretty savvy bunch, and for t

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