Morning Update: 2/21/2012

The second Greek bailout deal was finally clinched in the early hours of Tuesday morning.

 

News:

08:30  USD Chicago Fed National Activity 0.22 0.22 0.54
13:00  USD 2-Year Note Auction 0.250%

 

Flat for the week except ZB long from a few weeks ago… will wait for Directional Tuesday for a move from a balance extreme.

 

Olof Thomas

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