Friday, August 25, 2006
10-Year Treasurys
So , where does the 10-year Treasury find resistance ? The next key level is the 200-day m.a. found @ 47.95 .... where did we close today ?? 47.91 .... this may be a key resistance point before we make any more highs in price / lows in yield ... next week's economic #'s are chock full of enough ammo to delay or confirm any moves : 2Q Unemployment , ISM Index , U. Mich sentiment , Chicago PMI and the Fed's FOMC minutes
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