Thursday, January 23, 2014

Continued Claims

Click to enlarge.

January 23, 2014
U.S. 10-Year Yield Falls to Six-Week Low After Economic Reports

Treasuries rose, pushing 10-year note yields to a six-week low, after continuing jobless claims rose last week more than forecast and a manufacturing gauge unexpectedly fell this month, reflecting an uneven economic expansion.

This is not investment advice. If slapping parabolic trend lines onto a series of data points could accurately predict the future then historians would all be billionaires. That said, damn. Bad chart. Bad. Bad.

Source Data:
St. Louis Fed: Continued Claims

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