There is a strong relationship between bonds and equities. Recently, specific stocks such as APPLE and MICROSOFT have been retracing from their all time highs. There is a continual flow of money between the equities and the bonds ( like two poles on the opposite of each other ). If the bearish momentum in the equities continues in the coming weeks/months, the money will flow into the bonds, and the bond yields will fall as a result !
Note
There goes the rejection !Note
The fall has begun !Note
200 PIPS !Note
The NFP release to day will add more fuel to the fire !
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.