Looks to me that 2yy are approaching (hit) a short-term TLINE (95bps) and a break below it (supported by momentum still correcting), isn’t impossible And the reason I’m jotting this down is given the following quick hit from BBG, Powell’s Press Conference Is Key for Newly Minted 2-Year Longs
2yy ahead of FOMC ...
2yy ahead of FOMC ...
2yy ahead of FOMC ...
Looks to me that 2yy are approaching (hit) a short-term TLINE (95bps) and a break below it (supported by momentum still correcting), isn’t impossible And the reason I’m jotting this down is given the following quick hit from BBG, Powell’s Press Conference Is Key for Newly Minted 2-Year Longs