Most world Bond markets are on a tear led by the Italian 10 yr. ( lower rates)
The Gilts look like a positive bargain compared to some of the other interest rate futures.
30 Yr….132.12 will be pivotal the rest of the day.
10 yr….123.03 is the ORH# here. A close over 123.10 will have me looking for a print close to 125.
Equity markets looked to have topped.
EWW…which has led this rally just stopped at it’s 200 day and is reversing.
I would not look to buy a break the rest of the day in the equity indices.
We’ve got another opening range trade going on.
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