Of Pencils and Crayons

It's not in the way that you hold me
It's not in the way you say you're mine
--Toto

Our previous analysis of long term 10 yr yields suggested 3% as the level to watch. Bill Gross's technical analysis of the same data marks 2.6% as the Maginot Line in the sand.

May not mean much in the larger scheme of things, but perhaps it demonstrates the difference between drawing lines for technical analysis with a sharp pencil or a dull crayon.

I myself prefer the Crayola.