10 year T-Note Technical Outlook December 8, 2014

10-year Treasuries will need to hold above critical short-term support @ 125,50 to maintain hopes for a comeback. The daily trend is down as long as price is lower than 126,50. Slightly hawkish remarks made by Fed members last week and most importantly robust US jobs figures have pressed US interest rates up, sending Treasury prices to two-month lows.

10-year Notes, 5-hour candles chart:

US 10 YR T-Note(Daily)20141208120120

Chart courtesy of investing.com. http://investing.com

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