[DeaconBenjamin]

Oct 8, 2010 close 2.38%
Dec 10, 2010 close 3.30%

The two month swing has been 38.6 percent, and 92 bps.

CBOE Interest Rate 10-Year T-No (^TNX)

[Praxeologue]

Thank you. I shot from the lip.

Note that the 10-year rate is back to where it was six months ago and 53bps below eleven months ago.

Dec 10/10 3.32%

Nov 10/10 2.65%, 67bps increase, 25.3%

Oct 8/10 2.41%, 91bps increase, 37.8%

Jun 15/10 3.32%, same as Dec 10/10

Jan 11/10 3.85%, 53bps decrease, (13.8%)

So with demand from current, and likely expanded, POMO volume, will the yield decline again, or will long-term inflation concerns control? History says supply and demand wins.

data per:

http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yieldYear&year=2010