It May Pay to Float Rates for Closings Out a Bit

Japanese candlestick readings for today are showing a Doji candle which probably means the trend lower may be in jeopardy.  That does not necessarily mean the bonds will go higher right away.  Instead we may have some sideways surface skittering.  With the German Bund yield sinking below .50, we maybe able to float for buyers looking for closings in late August or September.  The Dow closed down 5 points in a mixed market with tech stocks on the lead.