The 2Y US yield has move lower and broken important yield level of 3.9650 area. The GAP lower 3.8500 currently, is providing an extremely oversold reading and other time frames are oversold as well but not as severe.
Strategy SELL BONDS @ 3.78-3.8350 yield and take profit with a 15 basis points toughly benefit. It does also support some US$ strength in coming sessions, is my personal view.
Strategy SELL BONDS @ 3.78-3.8350 yield and take profit with a 15 basis points toughly benefit. It does also support some US$ strength in coming sessions, is my personal view.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.