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Photos And Charts

We are witnessing a historic investment "sea change" -- a landmark change in the US Treasury Bond marketplace, as today's chart of the Treasuries ETF, TLT, fell for a second straight day, despite today's and yesterday's stock market decline: the bond market independent of Federal Reserve action is calling bond values lower, and interest rates higher; additional evidence for such a conclusion comes from today's small rise in the inflation protected bond ETF, TIP, as well as a topping off pattern seen in the chart of 30 Year Treasury Mutual Fund, BTTRX.