Bond Market Morning Brief: December-9-2015

Posted on Posted in Bonds & Fixed Income

10-Year Treasury Note March-2016 Futures: Resistance is @ 126’190 while the 10-yr note currently trades @ 126’105. Rounded top pattern indicating lower price action. There is no significant economic data to move the market. Sentiment will rule the day. (6:34am PT)

30-Year Treasury Bond March-2016 Futures: Resistance @ 155’30 as the long bond trades @ 154’20. This one also looks like it wants to move lower. Support is @ 153’14. No economic data translates into a ¬†slow day for the market, barring any fear inducing news. (6:38am PT)

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