See on the daily bar chart for March U.S. Treasury Bond futures that prices are in a solid downtrend and have this week hit a nearly four-month low. The bond market has been hit hard by the recent stronger U.S. jobs report, which strongly hints the U.S. Federal Reserve will raise interest rates in December–for […]
Find three charts enclosed in this piece; the NOB spread (long 30-yr bonds/short 10-yr notes), June 30-yr bonds and finally June 10-yr notes. Play your bias with 30-yr bonds as that instrument should move 1.5-3 times the action we see in 10-yr notes. That being said if the trade works as planned traders will make […]
September U.S. Treasury bond futures at the Chicago Board of Trade on Wednesday tagged a fresh four-month high of 108 21/32, but then backed off the session high and were trading nearer the session low in morning dealings. Still, the bond market bulls have gained near-term technical momentum recently. Prices have been trending higher for […]
