Christopher Low Quotes
It's an ugly number -- you have a decline in March, you have a downward revision to the prior month.
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Ugly | Number | Decline | March | Downward |
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One reason the 10-year note yield has risen so much this week is that investors are worried that the end of the carry trade -- a trade that involves borrowing at very low rates in Japan and investing at higher rates abroad -- will end any day now.
- Christopher Low
