aravindran1
Long

Crude VS Bond/Yield - Has crude bottomed ?

NYMEX:CL1!   Light Crude Oil Futures
A comparison between the 30 year yield and bond prices shows that when they Hit extreme levels, ( bond prices hit a trend line high, and yields a trend-line low, crude oil             tends to bottoms after a few months. Also in the shorter term there tends to be a negative correlation between bond prices and crude oil             prices( or positive between yields and crude prices). At some point we expect interest rates to head higher- not by much but enough no put downward pressure bond prices. This would imply that crude prices should catch some bid. That being said all Commodities are still in a Longer term Bear market, and hence the upside in crude prices most likely will be limited.
Interesting! :)
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out