Here is an hourly chart of December T-bond futures. I last commented on this market here.
The purchasing managers number came out a few minutes ago and sent the market to 113-08, a few ticks above the 113-00 level where serious selling came in after the last employment number was released. The market has rallied from 109-27 without any substantial correction. I think it now will drop to 112-00 or so before resuming its move to 115.
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