The yield found support at 1.28% (former channel resistance) yesterday and has staged a rebound to 1.33%.
The major averages - 50-DMA, 100-DMA and 200-MA are all sloping upwards and nicely aligned (one below the other) suggesting the long-run view remains bullish.
See the liltte reverse , 3year bond yield auction is selling at 1.43% let's see 2year yield 1.7% . assuming usd will start to higher from this point, long dollar against jpy,eur cad aud nzd would be a nice trade.
