The chart is that of the 2 year we seem to stop right at .618 how about that ?? what next see RSI chart above I would not be short the 2 year
Well not so much to say. Nailed the top and secondary trendlinie nailed the bottom. Now primary downtrend was broken.
Bonds yields have been moving up at a fast pace recently - the 2 year bond yield moved between may and now nearly a full percentage point. Currently at the levels seen around 2008 right before the markets crashed. With real rates on the 3 Month bill actually reaching the exact rate before 08 crisis. One thing I noticed is that the longer end of the curve, i.e...
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?
2 yr yield usually tops out 1.5 months before FED pivots. Right now shortterm bonds (inverse of yields) are showing bullish divergence. Historically, this may predict that the FED may halt rate hikes or become less aggressive sometime this coming November. This will be very bullish for bonds & growth stocks. Note that as of today, the 10-yr yield is still...
All the fixed tenure yields have broken above their four decades of downtrend. - 2yr, 5yr, 10 yr & 30yr To note, the shorter end, the fixed 2 year tenure yield is climbing faster than the longer end, the U.S. fixed 30 year tenure government bond yield. The year closing, it will be crucial to determine the trend transition; from this long-term downtend to uptrend.
Content: • Difference between interest rate and yield? • Why it is important to note of yield curve inversion? • How to tell when Yields are inverted? • What is the long-term trend for interest rates and yields • How to manage a rising yield? Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • ...
The US 2YR has paused its upside momentum giving stonks a chance to have a small rally. Most likely short covering since quad witch caused a gamma unwind. The 2YR would have to break down meaningfully for stocks to have any chance of a decent rally which I don't see happening with the Fed's current rate hike projections.
Will it finish this month around that MA line and retest it in July with stocks and crypto bouncing? quite possible.
Nothing to be concerned about here... if you're an ostrich. Inflation spiraling out of control, while bonds reflect the loosest monetary policy possible with a dovish Federal Reserve hand-wringing about tanking the markets. M1 has gone beyond parabolic, practically vertical. The Fed communicated this week that they will try and control future prices but they're...