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10 Year Treasury Yields--Thursday morning, April 24, 2008

Two trendlines. The shorter term line is steeper, was tested in February and broken last week. The longer term line, dating from the top last June, has not yet been broken. Market traded up to it last week (3.85%) then bounced down.
080424-0830-10yryield.gif
And then plotting these trendlines on a daily chart:

080424-10yrDailyYield.gif

Posted by Pure Guesswork on April 24, 2008 9:10 AM |

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