Treasury Prices Can't Hold, but Energy Will Rise Again By Tim Melvin About this article: Last night over cocktails here on Siesta Key, there was a lively discussion about where the markets and economy were headed. The consensus view seemed to be one of confusion, with no one holding a firm opinion. Some felt we were at or near a bottom, while others (including yours truly) said it was too soon and saw more downside ahead. Several of the locals participated in the discussion, including a former hedge fund manager. They had a consensus on the local property market: too much supply, with more entering every day, for prices to firm anytime soon. I have said all along that until property prices stabilize the economy and market cannot recover or rally, so this does not bode well for the next several months. The whole group reached agreement on a couple of key points. First, the recent activity in the Treasury market is... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200. More Stories From RealMoney Durable Goods Up Move Down the Tech Food Chain Jobless Claims Still High Bulls' Tenacity Is the Big Question Mark Should You Buy It? Pharmaceutical Product Development Bad News Trumps All Support for Banks Holds, For Now Bummer, Yields Are on the Rise Money on the Line Makes a Big Difference Structured Products: Unsafe at Any Price MORE STORIES FROM REALMONEY

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