"While we have been skeptical all along, we are watching some of these possible moves higher as an overall indication of a healthier market environment. As much as we would like to make a bold move in the market, we find that our best moves may be around the perimeter," he said.
Bonds posted solid gains for the week. The yield on the 10-year bond fell to 4.502 percent on Friday from 4.564 percent a week earlier and the 30-year bond fell to 4.692 percent against 4.746 percent. Bond yields and prices move in opposite directions.
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