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techcharter

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techcharter

Re: None

Wednesday, 10/27/2010 9:23:29 AM

Wednesday, October 27, 2010 9:23:29 AM

Post# of 51804
TNX - yield gaps twice

The yield on the 10 yr yreasury bond gapped up 2 days in a row. Over the last month the yield has moved sideways and broken the multimonth upper downtrend channel. A bottom is at hand, and a multiweek increase in yield is to follow. Bond investors are showing more doubt about the QE2 than the media is acknowledging.
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