Here is a quote from bloomberg. " Indirect bidders, which include foreign central banks, bought 21.1 percent of the $13 billion in five-year notes, down from 45.8 percent last month, the Treasury said. The drop in debt prices wiped out more than half the rally the past two days. The Treasury will sell $13 billion of 10-year notes tomorrow." The foreigners are getting tired of buying cheap money.. they are starting to demand higher rates... Technically the 10 year broke out of a major trading range.. look out..