The cover story on the DrudgeReport and the business section of the Beijing Times are exactly the same on March 20. Chinese prices have risen steadily thanks to the rolling off of price controls. I believe Drudge found one of the most expensive gas stations in America, but the price of the V-Power, which I believe is 93 octane, comes to about ¥7.85, less than the ¥8.33 in Beijing.
Where Are 10-Year US Treasury Yields Headed?
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Jim Bianco at Bianco Research thinks there is one more push higher in
long-term yields. Then if sentiment is extreme, he will go long.
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