Tuesday, July 12, 2005

Bonds and Notes



Here are the hourly charts (including overnight trading) of the bonds and notes. The short term price boxes are those I have been using for the trend down from the June 27 top. Once the downside targets (see today's guesstimate) are reached I think both markets will rally above their June 3 highs which stand at 119-23 in the bonds and 114-21 in the notes.

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