The board has been all about the long end of the curve.
A standard deviation in the 30 Yr. is 8-10 Futures points.
Close enough for me.
30 Yr.Yield could creep to 4.50 % from here. The fat of the move is over.
30 Yr. Bond print need3ed to confirm any high is now 113.00.
Gold has filled out it’s Point & Figure.
Late yesterday Long Gold (Long Bond short Crude), heating oil and gasoline all showed bounce for a trade in the Oil.
I’m not looking for a lot of follow through.
Don’t fight the flow on a Friday before a holiday week.
I seriously doubt you’ll see much back and fill before Tuesday’s Nvidia earnings.