Open (2):
NQ holds 1693.50. The yield on the 30 year seems to want to stay parked above 4%. The ten year is not even close to yesterday's lows, which could be supportive of the markets. Interest in bonds at these levels could be relatively low now that the Feds have signaled no cuts (unanimous). Watch those bonds today, in particular the 3.325% level on the ten year.
NQ holds 1693.50. The yield on the 30 year seems to want to stay parked above 4%. The ten year is not even close to yesterday's lows, which could be supportive of the markets. Interest in bonds at these levels could be relatively low now that the Feds have signaled no cuts (unanimous). Watch those bonds today, in particular the 3.325% level on the ten year.
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on Wednesday, September 17, 2008 at 9/17/2008 09:40:00 AM.
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