After spiking to as high as 130,50 on October 15, U.S. 10-Year Treasuries have made a serious correction down to currently 126,50. The daily trend is down as long as price is lower than 127. There is support at 126 and good resistance at 127 and 127,85. Among other things it remains to be seen how markets assess Fed’s announcements about the end of QE.
10-year Notes, daily chart:
