30 Yr. Bonds…136.15 to just shy of 137.00 is resistance and the upside closing pivot for another 4 Bond points.
10 Yr. Bonds…125.10-12 is resistance and the closing upside pivot for another full point. (Lower Rates).
Gilts…is attempting an ORH day, however we currently trading @ Mvg avg resistance. Closes over 110.40 will lead to another run lower in British interest rates.
Bund…these are not done going higher. I would not look for topping
until we get closer to 147.00
The chase for yield is on once again.
Trade every instrument off it’s own set of technical s
I.E. NFLX is now pushing above and holding it’s 200 DMA.
Holding above will see this rally another 20 dollars.
Investors are looking for names that are the most beaten up.