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Our Research — February 4, 2005

January Total Return Review: The Bull Flattener Does Matter! The attached tables update the total returns through January. January 2005 was unusual for its total return potential on a bullet-barbell trade within the context of a bullish flattening of the yield curve.

Open January Total Return Review: The Bull Flattener Does Matter!
The attached tables update the total returns through January. January 2005 was unusual for its total return potential on a bullet-barbell trade within the context of a bullish flattening of the yield curve.