The whole market needs to reset.

Two yr. and 30 yr. along with the December 23 Eurodollars have come to far and need to reset.

European debt hit its initial targets.

When the Euro, Bonds, Pounds and Yen aligned in Oct it took 4 months to retrace on a life of contract basis.

2 Year notes completed the swing today after bottoming last Wednesday.

Let it breathe.