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Update on 10 Year Yield Charts--Tuesday morning, April 29, 2008

Updating the charts posted on Friday and Thursday, a minor bull move in rates (bear in bonds) met some resistance at the 3.90% level on Friday, a 2.618 delta target. But both downtrend lines have clearly been broken. (See the posts referred to above for weekly charts showing how these trendlines were developed.)

080429-0936-10YrYieldDaily.gif

Posted by Pure Guesswork on April 29, 2008 9:51 AM |

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