Next Stop, Two Year Lows

Treasuries fell through their six month lows like a hot knife through butter. Next up are two and a half year lows that are about a percent away. After that treasuries have a long way down before reaching support.

2 comments:

Chaos! said...

Check out utilities. Good leading indicator for bonds. We're starting to choke on the debt.

Anonymous said...

Just thinking out loud here...

I cannot believe the dow will go all the way to 10950 and not break thru 11000. So the sooner it happens the better. Maybe the close today or tomm. Then the bulls will want the s&p to follow thru and hit 1200. Which would put the dow about 11150. We could get the first dip after the dow takes out 11000. Then after the s&p takes out 1200.