while we slept; "War means industry"; should the 4% (10yy)debate be resurrected (watch 3.1%); fibo construction zone
thebondbeat.substack.com
Good morning … Today’s story begins with a brief (ZH)recap of what sure was, Ugly, Tailing 5Y Auction Sends 10Y Yield To Highest In Two Months I begin this way because this JHOLE week full of front-end (FOMC and global central planning rates sensitive) SUPPLY and one part of the price action over the past several sessions is to accommodate this in the very short run. Another component of the price action is clearly an attempt to game the Feds ending point. On THAT, I cannot help but think we’re a long ways away and so, we thankfully hand the baton off from the very front-end (2s and 5s) TO the somewhat longer-term and perhaps funTERtaining 7yr sector …
while we slept; "War means industry"; should the 4% (10yy)debate be resurrected (watch 3.1%); fibo construction zone
while we slept; "War means industry"; should…
while we slept; "War means industry"; should the 4% (10yy)debate be resurrected (watch 3.1%); fibo construction zone
Good morning … Today’s story begins with a brief (ZH)recap of what sure was, Ugly, Tailing 5Y Auction Sends 10Y Yield To Highest In Two Months I begin this way because this JHOLE week full of front-end (FOMC and global central planning rates sensitive) SUPPLY and one part of the price action over the past several sessions is to accommodate this in the very short run. Another component of the price action is clearly an attempt to game the Feds ending point. On THAT, I cannot help but think we’re a long ways away and so, we thankfully hand the baton off from the very front-end (2s and 5s) TO the somewhat longer-term and perhaps funTERtaining 7yr sector …