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Subject Impending CRASH - 10-year Treasury Note at lowest level since 1871!

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Original Message .

The lead paragraph in CNBC's story is wrong.

This is the LOWEST interest rate for the US 10-Year Bond in its entire history!

[link to www.cnbc.com]

The benchmark U.S. Treasury yield fell to its lowest level in at least 60 years on Wednesday
as worries of contagion from Spain's ailing banks raised bids for low-risk investments.

Yields on 10-year notes sank to a record low of 1.62 percent, down sharply from 1.73 percent
in late U.S trading on Tuesday.

The 30-year bond yield fell to 2.71 percent, its lowest level since October, and down from
a yield of 2.84 percent in late U.S. trade on Tuesday.

On Wednesday, the European Commission advocated direct aid from a euro zone rescue fund
to recapitalize distressed banks in an effort that could eventually help Spain.

Spain's financial woes, rising Italian borrowing costs and uncertainties over the Greek
national election in June, sent investors into cash, Treasurys and German Bunds from
stocks and other riskier assets.

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