December T-bonds were higher overnight as it consolidates some of Wednesday's decline. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If December extends this week's rally, October's high crossing at 123-25 is the next upside target. Closes below the 20-day moving average crossing at 119-13 would confirm that a short-term top has been posted. First resistance is Thursday's high crossing at 121-11. Second resistance is October's high crossing at 123-25. First support is the 10- day moving average crossing at 119-28. Second support is the 20-day moving average crossing at 119-13.