I don’t know about you, but the weather here in NC has been remarkable and I’m looking forward to drinking beer outside in a hoodie. Nothing is more relaxing to me than fall weather. Hopefully you have some smashing plans for your weekend. Here’s what I’ve been reading this morning:
- Don’t wanna work for assholes? You don’t have to! (Seth’s Blog)
- World GDP: Keep an eye on China (Economist)
- US railroad traffic continues to expand (Calculated Risk)
- Apple’s new iPhone release could be the best ever (Tech Crunch)
Also, take a look at this chart depicting the yield of 10-year treasuries:
We could have some room to go on the downside. My take on the chart, all quotes from Bullard on tapering today aside, is that support should be met around 2.5%. If that level is broken we could probably revisit the 2-2.2% range.