Last week yet another stellar week for economic reports – which generally confirmed that the economy is on track for solid growth in Q3 2009 – finally began to attract some attention from financial markets. The S&P 500 posted a 2.5% gain for the second consecutive week, while the yield on both the two-year and ten-year U.S. Treasury notes climbed noticeably from the prior week. This suggests that maybe, financial market participants (especially in Treasury bond market) are beginning to come to the realization that the economic recovery is here to stay.

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