I think we will see the yields pump after the meeting is over and that the USD will pump against many FX pairs and Commodities.
I think we will see a pump in the Yields, the DXY, and a decline in Commodities. I posted the wrong ticker before but this is the correct one so if you entered the trade on TYD get out of it and enter TYO instead.
This is a inverse leveraged treasury etf, which basically means it will track us treasury yields. Pretty solid reward to risk opportunity. The feds will be raising rates in September (barring a major economic down turn), this will fundamentally drive yields higher. On the techincal side we have a long term down trend that has been broken, a double bottom in place,...