US bonds don't believe in rate hikes, or pricing more risk-off
- Price is simply back above Kumo and Kijun Sen. Also broke triangle on the upper side.
- Heikin-Ashi is bullish
As bonds generally are better bid, it means
A) market doesn't believe any rate hikes any time soon, (They already price in Trump risk of low rates forever :-) )
B) market is getting ready for more risk-off,
C) USD may weaken further
No more comment for now.
- Heikin-Ashi is bullish
As bonds generally are better bid, it means
A) market doesn't believe any rate hikes any time soon, (They already price in Trump risk of low rates forever :-) )
B) market is getting ready for more risk-off,
C) USD may weaken further
No more comment for now.