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Financial Market Highlights 02-04-13
First Look at 2013
- Treasury yields higher in January, the 10 year around 2%
- FOMC statement on January 30, 2012 makes no significant change to its policy settings.
- Fed continues to commit to low rate until progress toward full employment is clearly evident.
- S&P 500 hits new highs on better data, continued Fed stimulus, and firmer outlook. Not yet a Decision Economics member? Click here to register for a FREE 30 day trial.If you are already a member, click here to login.