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quantguy
30 wrz 2022 15:20

Bond Market Gains from Risk Off Tone Short

10-Year T-Note FuturesCBOT

Opis

Bonds appear to be gaining strength as yields relax and the US dollar pulls back hard. The Kovach OBV is edging up, but we have resistance confirmed by several red triangles on the KRI at current relative highs. We appear to be seeing a bull wedge forming, in an attempt to break through 113'00. If so, then 113'12 will be the next target. If not, we will find support again at 111'26.
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