The FRED Report

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The Fred Report - Weekly June 16, 2014

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Indicators suggest that this rally could pause short-term, but if there is consolidation and the 190-area holds we could see continued advance to the 203-area objective we have had since December 2013.  The bond market should hold this support and consolidate or rally into at least the end of June, but it depends a bit on short-term strength.

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