Good morning. With holiday long-weekend nearly here (at least for those fixed income markets which used to be near and dear) and trading conditions to be extremely thin, so too might daily updates next few sessions. I’ll begin with a look at 2yy … … where I’d frame current situation as ‘support’ up nearer 5.08% and resistance down near, well here. Momentum appears to be steady (overBOUGHT but NOT extremely so) and for somewhat more (ie 10s, 30s) see just below but for now … here is a snapshot OF USTs as of 716a:
"Bond vigilantes are like 3 yr olds on a sugar high". Such disparaging disrespect! Having recently been corrected in my theory that the 'vigilantes" had perished, or gone extinct; I find their reemergence from hibernation to be rather....MATURE!
Well I haven't seen that "oldie" yet, thanks for the laughs, Dats a Good one! And thanks for all that you do Steve, wishing a Happy Thanksgiving to all us Bond Nerds here!
"Bond vigilantes are like 3 yr olds on a sugar high". Such disparaging disrespect! Having recently been corrected in my theory that the 'vigilantes" had perished, or gone extinct; I find their reemergence from hibernation to be rather....MATURE!
Well I haven't seen that "oldie" yet, thanks for the laughs, Dats a Good one! And thanks for all that you do Steve, wishing a Happy Thanksgiving to all us Bond Nerds here!