Bonds look like they are making short side progression, yield on the 10 year 4.68% People seem to be revising their bets on a slowing economy.
Yield is now 4.70%, rare to see the yield this high, after bouncing around in 4.4-4.6 range. Price progression is continuing.
http://finance.yahoo.com/q/bc?s=^TNX&t=3m&l=on&z=l&q=b&c= yields havent been up here since the end of october.
Yields hit 4.72% December 29th according to my charts! The Ten Year traded as low as 107 '11.5 We did not quite get to these levels today. el surdo
4.72% sure and I'm sure thats what u meant. Thats just a few days ago. The bond market is signaling revaluation of present macro economic conditions.
Don't worry, Bonds will go BOINGGGGG back the other way just when you "figured them out"! Good trading! el surdo
4.73 ...looks like 4.85 around the corner for the ten year. BOE just raised rates, puts a higher differential.