The main long-term German government bond futures contract went sideways for most of 2012, says Mark Sturdy at www.sevendaysahead.com.
It has failed three times at the 146 level, and a short-term topping pattern points to a drop to at least 141.50. Further out, a decline to 140.23 or so could be in order. A break of that level - which marks support from the prior highs - would be a big development.
