01/11/2013

NOTES YIELD day 03:27 from Bigcharts.

10 yr Notes yield daily during 10 months from a low at 1.6 percent to a high of 3.0. Five waves. Then a correction in three waves to 2.5. The bottom at 2.5 seems to hold and the first small move up to 2.55 happened Oct 31. I think the downside correction is over but it will take time to continue to build a bottom in the 2.5 area and the R at 2.6 is strong. 

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