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pantheo
May 6, 2022 8:54 AM

US - Germany 10YY spread at 2021 high 

US10Y-DE10YTVC

Description

Maybe will influence the dollar which is at resistance area and euro at support

After the major low of September '20 in the attached chart, its the second time
that yield spread is visiting the 2% area. Probably we'll need a third before breaks
the area for good.

I see no reason in buying the euro except for the long awaited bounce, which will be proved another super
short opportunity on its way to parity and less against the dollar into next year.

DXY, EURUSD, TNX, BUND, TLT

cheers,

P
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