- Currently trading at 3.76% which is also the high of this move.
- Recall original objective on weekly chart is 3.77%. This has now been met. Short TYH1 position now reduced to 30% of max.
- Monthly chart down trend line broken at 3.64% so think that yields have more room to rise. Lightening up on risk here so that I can re-sell TY higher should there be a reaction on having met the weekly triangle objective.
09 February 2011
US10YY : Weekly Triangle Objective Met
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Re-sold at 118-21 (3.644%)
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