US 10-YR to test 2013 HighsThe 10-YR is seeing demand as every data point in 2015 has come under expectations, while the slump in US economic data began months ago. Key bond gurus, such as Gundlach and Gross, look at the US 10-Y to reach a 1-handle.
Safe-haven demand will be a major trend in 2015 as volatility increases, which will drive more traders into treasuries. Initially, look for price action to test the October highs before extending gains to the 2013 highs.
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