(Bloomberg) -- Treasuries advanced for the first
time in seven days as yields near the highest level in three
months attracted investors.
The so-called relative strength index for the 10-year
note's futures contract over a nine-day period fell below 24 on
May 18 for the first time since April 6. Readings below 30
indicate notes are ``oversold'' and likely to rise, while
readings above 70 indicate they will probably fall.
Read more at Bloomberg Bonds News
time in seven days as yields near the highest level in three
months attracted investors.
The so-called relative strength index for the 10-year
note's futures contract over a nine-day period fell below 24 on
May 18 for the first time since April 6. Readings below 30
indicate notes are ``oversold'' and likely to rise, while
readings above 70 indicate they will probably fall.
Read more at Bloomberg Bonds News
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