From Standard&Poor's Equity Research. MARKETSCOPE Bonds steady prior to reports on Dec. Existing Home Sales, which see easing to 6.25 million annual rate from $6.28 million in November; Initial Jobless Claims, which see rising to 315,000 from 290,000 the week before... the 10-year Treasury notes are flat at 98-19/32 for yield of 4.812%... technically, S&P's IPC believes the yield on the 10-year T-note has broken out of a small consolidation... at same time, the MSCI-EM Index is close to breaking above key intermediate-term support in the 4.8% to 4.85% area... 10-year yield has traced out an inverse head-and-shoulders formation, is poised to run up to the 5% to 5.25% zone... 2-year note flat at 99-29/32 for yield of 4.934%, 30 year bonds up 02/32 at 93-24/32 for yield of 4.909%.
