Sat.Jul 13, 2013 - Fri.Jul 19, 2013

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Guest Post: 2nd Qtr Economic Review by Dorothy Jaworski

Jeff For Banks

'Shell Shocked If you are a fixed income investor, you have seen the worst that the markets have to offer in the second quarter of 2013. Between May 1st and June 24th, when rates peaked, longer term Treasury yields rose by 86 to 100 basis points. The 5 year Treasury more than doubled from 0.65% to 1.51% and the 7 and 10 year Treasuries each rose 1% to 2.07% and 2.61%, respectively.