A client just asked a really good question;
Are they going to run the shorts out of the U.S. 30 YR.?
I spoke to this last week.
First of the Month ECB bond buying will make selling Bond weakness problematic.
Wait for the gap @ 155.07
Spu/Bonds...trying to break out above a multi-decade high.
The spread is not going without a big fight at this level!
You just have to see which instrument leads over the very short-term.
Equity Indices can remain bid going into today’s close.
Pay attention to the names and sectors you’ve an interest and trade them independently.
Gold and Vix early price action says many investors want to be shown there will be follow through from these levels.
