Real Time e-mini S&P Trading, plus contrarian commentary on all the markets, all the time
Tuesday, January 10, 2006
Bonds and Notes
Here are hourly charts showing pit trading in the March T-bond and 10 year note futures.
I think both markets have one more leg up in the bear market rally that started from the November 4 low. The bonds have broken support by just a little but the notes are holding their level at 109-04. I expect both markets to rally from here. The bonds should reach 115-28 and the notes 110-24.