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What Do Bonds Say About S&P 500 "Fair Value" - MarketShadows
Courtesy of ZeroHedge. View original post here. Submitted by Tyler Durden. On a day when the reflexive NEW QE knife-catchers seem to have stepped away from the desk, we thought it useful to get some cognitive clarity on where exactly Treasuries think the post-FOMC-disappointment equity market is likely to end up in the short-term (especially …