Support around 92. Breaking out on the , however as it is towards the upper end of the channel it may be advisable to enter with a half size and add on the first pullback.
Bond are grossly mispriced as buying has prevented the market from signalling the risk to yields. Simply, a hike in interest rates is more likely than the aggregate of market participants think, but it will be a reactive move from the Fed once has already well-and-truly overshot.
Full notes to follow