A.M. Look 5/6/21

Yuan strengthened overnight and so did Corn, Soybeans, Copper and Crypto.

Euro/Yuan and Aussie/Yuan are worth keeping an eye on given recent trade tensions

30 Yr. Bonds have been doing a 2 Month time correction. It will take closes over 159.05 or below 2.20 in Yield
to run out the remaining shorts.

30 Yr. is down 20 points since the first week of 2021. For the past month Main Street media ( all the late comers) want you to join the party.

They will need to be properly flushed before another move sets up for higher yields.

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