A.M. Look 6/25/25

The long end is caught between a couple of matrix #s.

Russell shows resistance @ its 200 DMA.

Yields are up a touch in Europe but I’m not reading anything into it.

Pit Spoo & Nasd have breakaway gaps from yesterday.

I’m not looking for these to be retested for a couple of weeks minimum.

My view of the risk spreads and indices putting in ORH qtr’s has not changed.

Nasd has run its qtrly buy stops.

More in the room.

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