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CNBC Squawk Box June 27, 2013



communicating our intentions. a lot of the movement is in fact due to people thinking that we re going to be having a higher path of the fed funds rate for a given set of economic conditions. also worth watching is the treasury will be auctioning 29 billion in seven year notes. this follows that $35 billion five year auction from yesterday and the 35 billion two year auction on tuesday. both of those sales were characterized as weak. it s been a while since we ve been watching some treasury sales. it looks like it s time to pay attention again. bill gross out with commentary talking about this is a situation where people think it s time to jump off the titanic. he s saying, not just yet. we have paid attention to those. thank you very much. good morning, it s great to see you back. also making headlines this morning, everybody, the u.s. executive who has been reportedly held hostage by his workers in china is now free. chip starnes is on a flight from beijing to the ....

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