Interest Rate Roundup

Thursday, January 25, 2007

Closing bond update

Well, we did it ... closed above technical resistance on the 10-year Note yield, that is. At 4.87%, yields are at their highest level since mid-August. Of course, if you wanted to be really generous, you could argue that the PRICE of 10-year note futures held the 106-16 level. But that's about the only thing good you can say about the price action today.


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