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Oil Price Alert: Oil Plunges, Bond Markets Vote America

As widely reported, the fall in WTI was part of a larger sell-off in commodities. Triggered by strengthening of the U.S. dollar.

With all the focus on yesterday's selling, there was less press on the things being bought. Most notably U.S. Treasury notes.

Alerts registered for falling yields on three-, five- and ten-year Treasury securities. Yields plunged as traders piled into these investments, driving up prices.

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