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Exercise-Discipline
Feb 18, 2017 9:12 PM

TREASURY YIELDS TO GO BACK UP - Short Bonds Long

United States 10 Year Government Bonds YieldTVC

Description

Uptrend should resume after the 61.8% retracement and bullish divergence.

Fundamentally a normal mean reversion of term premium is occurring.

This should also support the USD in the medium-term and keep the uptrend intact for 2017.

However the move may be choppy because of extreme long positioning.
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