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Flash430
Jun 5, 2018 3:20 PM

Long US 10 yr Notes (short US 10yr yield) Short

United States 10 Year Government Bonds YieldTVC

Description

Just updated trading scenario from a month ago (yields at 3% looking for top 3.10-3.20% zone, actual high 3.13%). Recent fall in yields potentially only the first leg lower in a larger drop. Possible H+S top pattern in play on break and close below 2.75% could easily see sub 2.50% and perhaps 2.35% area despite FED next week (expecting +25bps) which should lead to an even flatter curve 2s-10s
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