"Overnight Flows"; ReSale TALES; 10s TO 1.52 (Cornerstone MACRO via twtr); The Weekly Fix
thebondbeat.substack.com
First, an hourly visual of FV showing how very close we got TO an important level (119-29 - a level which exposes short-base vulnerability) and where we are this morning, ahead of ReSale TALES (as of 703a): I’ve noted momentum — overSOLD — but am not normally a fan of looking at momo on this hourly format. Then again, for the degenerate bond market gamblers here among us, perhaps it means a ‘hold’ of sorts and potential retest of 119-29 **IF** ReSale Tales is disappointing enough? BofA on USA - Child Tax Credit Expiration not yet a drag on spending,
"Overnight Flows"; ReSale TALES; 10s TO 1.52 (Cornerstone MACRO via twtr); The Weekly Fix
"Overnight Flows"; ReSale TALES; 10s TO 1.52…
"Overnight Flows"; ReSale TALES; 10s TO 1.52 (Cornerstone MACRO via twtr); The Weekly Fix
First, an hourly visual of FV showing how very close we got TO an important level (119-29 - a level which exposes short-base vulnerability) and where we are this morning, ahead of ReSale TALES (as of 703a): I’ve noted momentum — overSOLD — but am not normally a fan of looking at momo on this hourly format. Then again, for the degenerate bond market gamblers here among us, perhaps it means a ‘hold’ of sorts and potential retest of 119-29 **IF** ReSale Tales is disappointing enough? BofA on USA - Child Tax Credit Expiration not yet a drag on spending,