The Fred Report - Weekly October 9, 2017

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Many have suggested the market is overbought. While daily and weekly FPO’s are stretched and that we could see a choppy, negative week sometime in the next few weeks, this still looks like a “good” overbought situation rather than the end of this advance.  We believe a move by TYX above 32.50 will suggest the bull market in bonds is over.

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