Treasury prices were rejected from technical resistance @ 131 on Friday. Holding above 129,50 keeps the bullish scenario intact. The Fed is not in a hurry to increase interest rates as long as oil prices collapse and there are no inflationary pressures in the economy. The 10-year yield is now 1,84%.
10-year Notes, weekly candlechart:
Chart courtesy of investing.com. http://investing.com
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