10 year T-Note Technical Outlook January 19, 2014

Treasury prices were rejected from technical resistance @ 131 on Friday. Holding above 129,50 keeps the bullish scenario intact. The Fed is not in a hurry to increase interest rates as long as oil prices collapse and there are no inflationary pressures in the economy. The 10-year yield is now 1,84%.

10-year Notes, weekly candlechart:

US 10 YR T-Note(Weekly)20150119144916

Chart courtesy of investing.com. http://investing.com

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