Home > Articles, Technical Analysis > Bonds Drop Sharply

Bonds Drop Sharply

October 13th, 2009 Leave a comment Go to comments

The intermarket chart below shows bonds (blue line) taking a hit last week. The 30-year Treasury Bond ($USB) fell back toward support from its September lows. Weakness in bonds is understandable with West Texas Intermediate ($WTIC) challenging its summer highs.

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