Otis still loves us!

Otis still loves us! The 7 yr note auction was very good as the yield was about 3-4 bps below the when issued and the bid to cover at...

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Economic data

Oct Personal Income rose .2% m/o/m, .1% more than expected. Spending rose by .7%, .2% above forecasts but comes after a .6% drop in Sept...

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Bank Capital

Bank Capital The Financial Times – Lex:  Banks’ capital Repeat after me: banks need more capital and better quality capital. The...

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