30Y Treasury Yields Lower at Resistance, $TLT Up (Live Charts)

Updates on the 30 Year Treasury yield and $TLT (20+ Treasury ETF). 30Y T-Yields are selling off of a clean downtrend and what looks like 50 day moving average resistance. It could be the "no rate hike" speculation, safe haven buying or the Fed propping up the market. If you know disqus below. Here are a few articles by Bloomberg:

Treasuries Rise on Speculation Rates to Stay Low, Dollar Falls (Bloomberg)

Oct. 13 (Bloomberg) -- Treasuries rose for the first time in three days on speculation the dollar’s decline will spur demand from foreign investors as the Federal Reserve keeps interest rates at a record low through late 2010.

Treasury Bond Rally Fails the Asset-Bubble Test: Caroline Baum (Bloomberg)

TIPS Show Bernanke Isn’t Whipping Inflation Concerns (Bloomberg)

I prefer to watch price action for updates. Here are charts of the CBOE 30 Year Treasury Index and $TLT. Keep an eye on that TLT uptrend, if it breaks here there could be some yield volatility. $TYX would have to break above that downtrend.

TLT

TYX