Psychoanalysis

2021-07-30 UST 10y view

Short
TVC:US10Y   US Government Bonds 10 YR Yield
- After aggressive peak out trade of 2Q, UST can hike from this level or the curve can be steeper

- rationales
1. peak of peak out trade
2. pent up demand have not come yet
3. more room to job recovery of US
4. Time interval between Tapering and Rates hike

- Also technically, 4h candle made RSI divergence which means the trend ready to turn.
- now the price is drawing correction wave but the rebound of the rate will coming soon.
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