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Fails To Hold On To This Week’s Highs

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Gains Considered Corrective

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Crude Oil Ending Mixed Week Flat

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Bullish Outlook

US TSYS

2Y Yield Hits Fresh Post-2007 Highs After Fedspeak

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JPM analysts said today that the...>

US TSYS/RESEARCH
US TSYS/RESEARCH: JPM analysts said today that the cash 10-year note yield
"backs up toward a key cluster of short-term support parameters at 2.20-2.26%.
We continue to view this move as a mean reversion within an intact medium-term
trend to lower yields." 
- The cash 10-year note yield on Wed hit a late high yield late of 2.199% at 4pm
ET, the highest intra-day since 2.201% hit on August 25th intraday (it ended
that day at 2.169% yield.)

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