Description
⋅ Price remains problematic in the Extreme for Equity Bulls.
As does TLT and ZB.
We have indicated for months - breaking 1.171 - 1.762 for the
10 Year Note Yield would commence the Next Sell Off.
We shall see...
4/4 isn't complete until ZN / 10 Year Yields RESOLVE.
A break of 130.005 and close under... yeah, naw, Equities will not
hold up.
Comment
⋅ 1.644 Bonds Sold off 8 AM EST.
Comment
⋅ We will begin to position into the SELL today ST @ our Levels
within the earlier commentary.
Comment
⋅ Fed Coupon Bid @ $2.25 Billion