Treasuries Test Resistance Overnight
Bonds and 10-Year Test Daily Boundary During the overnight hours Bond and Ten-year futures came within a tick or two or tested my upside daily boundary levels. USH topped out at 153-31, just shy of my 154-03 level, while TYH peaked at 125-10+ compared to 125-08/10....Morning Thoughts – Jan 12
Grains – Export sales are out this morning before the more important USDA reports later in the afternoon. Here are expectations: Corn 450-900 Soybeans 400-800 Soymeal 40-160 Soyoil 5-30 Wheat 150-300 As you can see, expectations are down from what we’ve been...Steven Orfanos on Bonds and Notes
Introducing Steven Orfanos I have been in the futures industry for 30 years. I worked at JPMorgan for 21 years and have run my own business since 2007. I write and analyze 30 and 10 year futures and have been compiling this report for 26 years. If you would like to...