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Saturday, January 14, 2012

Cara Community

Cara Community


Tables & Charts for Friday, Jan 13th, 2012

Posted: 13 Jan 2012 09:03 PM PST

Bill Cara's Blog for Jan 13, 2012

Posted: 13 Jan 2012 04:00 AM PST

CTA Trading Desk Morning Report

[9:20am ET] Good morning, Geoff here.

President Obama is requesting an increase in the debt limit by $1.2 trillion. Congress has two weeks to object, but other than politicians making noise, this should pass.

The Italian bond sale did not meet expectations and only raised half of what Spain was able to secure. However, Italian 10-year yields have fallen recently and remain under the 7% rate. A rise of yields over 7% will be seen as a crisis area.

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