Semi Equipment Book-to-Bill

Preamble

The Semi Equipment sector gave the signal in January 2013 that manufacturing was likely to sure up and then, the economy and employment.  Hence, it makes sense to continue watching the Semi’s for clues about the economy going forward.

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Treasury Yields Today

In the previous post we noted how the 10 year vs. 2 year spread closed yesterday (among other things).  Today that spread is rising with all nominal yields rising as…

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