10 Year T-Note: Close To 3-Week Highs
Petros Steriotis | Oct 04, 2014 03:24PM ET
The 10-Year Note is close to 3-week highs despite the announcement of stronger than expected NFPs. On Friday the December futures found nice support at 124.84 to save the day and finish above 125. The daily trend remains up as long as price stays over Friday’s low and my most likely scenario is a test of the contract high at 126 in the next days.
T-Note Dec’14 futures, 5-hours candle chart:
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