Good reaction for my bond short this afternoon, with Treasuries selling off after the auction.
I am watching today’s close carefully, looking for another hold under the 50-day moving average for TLT.
To my eye, bonds have been displaying changes in character of late, as bulls lose their grip after a sharp rally since last New Year’s.
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Still eyeing Z?
I’m looking for a $120 trigger there, yoshi. All things considered a solid consolidation so far up here.
thanks.
Chess when looking at bonds and a bond trade do you do analysis on the yields as well, or is there an assumption that this information is related in the price action of the bonds? And which one is “more relevant” (I know only price pays)
I’ve charted TNX a bunch–Multi-decade look shows inv. h&s bottom since 2011 with 2012 low.