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xtremerider8
Oct 17, 2022 9:10 PM

SHY shortterm bonds show divergence; FED may pivot end of Nov 

iShares 1-3 Year Treasury Bond ETFNASDAQ

Description

2 yr yield usually tops out 1.5 months before FED pivots. Right now shortterm bonds (inverse of yields)
are showing bullish divergence. Historically, this may predict that the FED may halt rate hikes or become less aggressive sometime this coming November. This will be very bullish for bonds & growth stocks.
Note that as of today, the 10-yr yield is still rising.
Not trading advice
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