(belly leading bid on avg volumes)while WE slept; best start for bonds since 2001; 'the <equity> bears favorite chart'; a chart so bearish its BULLISH
thebondbeat.substack.com
Good morning … IF the bond market is going to rally, putting PAID to dire economic (and therefore rate CUT) forecasts, the early trading is certainly respecting such narratives. Here’s a look at 30yy DAILY, Momentum (slow stochastics, bottom panel) have crossed bullishly just a couple/few sessions ago and we’ve got ‘resistance’ just ahead at ~3.71% and with that in mind,
(belly leading bid on avg volumes)while WE slept; best start for bonds since 2001; 'the <equity> bears favorite chart'; a chart so bearish its BULLISH
(belly leading bid on avg volumes)while WE…
(belly leading bid on avg volumes)while WE slept; best start for bonds since 2001; 'the <equity> bears favorite chart'; a chart so bearish its BULLISH
Good morning … IF the bond market is going to rally, putting PAID to dire economic (and therefore rate CUT) forecasts, the early trading is certainly respecting such narratives. Here’s a look at 30yy DAILY, Momentum (slow stochastics, bottom panel) have crossed bullishly just a couple/few sessions ago and we’ve got ‘resistance’ just ahead at ~3.71% and with that in mind,