Good morning … With 7yr Treasury auction on tap a review of yesterday’s liquidity event … ZH: Stellar Demand For 5Y Treasury Auction Despite Lowest Yield Since August THAT in mind I thought 7yy might be a fine and dandy way to start us off, TLINE resistance close by and momentum (stochastics, bottom panel) muddling and perhaps on verge of BEARISH (ie higher yield) cross and I’ll just note 40dMA (3.62) as ‘support’ … I suppose, what really matters most will be any / all flow of headlines in / around banks / banking around 1p?
As always, thanks for the comprehensive piece
Thanks for stopping by and letting me vent!