$TNX #yield pumping, above both avg's
2Yr not as much
Does this mean the street has finally caved in and believe that longer recession is a sure thing?
#economy
2Yr #Yield is close to support @ 4
Look at that weekly performance!
However, monthly shows RSI readings above mid 70 has signified TOPS
ALSO
Depending on how Dec closes $TNX also looking weak
Look @ RSI
What is this telling you?
"Someone" buying loads of #bonds, who & why?
Seems no one wants to discuss the Short End of the Bond Curve.
After performing a 30 Bip Sequence, the Big Move to Consolidation - the Monthly Chart
illustrates how NQ Elevator Up can resolve.
The Fed Fund Futures were dragged into 2022 for 2/2 Indicated @ 72%.
007s on the Short End, believe it's all good, these will backfill and we'll rally
30 more Bips to...
