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U.S. Treasury bonds nearly closed a gap created over a year ago this week, and is expected to accomplish that soon. Once the market tops out, then the bond markets will reverse and return to a low interest rate regime.

GBN.V shares should have been rocketing on delines in the U.S. bond market, due to overwhelming sell-side interest, but the managing director intervened on their behalf, and for his own interest in equity swaps which was settled Dec. 20.

http://scharts.co/14IaQML

-F6