BofA Merrill Lynch notes .... We remain bullish US Treasuries from the 5yr point and out. Looking specifically at 10yr yields, the near complete impulsive decline from the 2.259% high points to further yield weakness in …
We remain bullish US Treasuries from the 5yr point and out. Looking specifically at 10yr yields, the near complete impulsive decline from the 2.259% high points to further yield weakness in the sessions & weeks ahead.
1.840% should be only a temporary stopping point ahead of a push towards Jan-20 low at 1.636%. Bounces should be faded and limited to 2.040%/2.047%.
Above 2.148% invalidates the bullish setup and returns favor to the bears (we do not expect this.).
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
