Observations of the day
With 10-y yields approaching 4.2%, would y97 start accumulating a long position here?
The 20-y yields are going nuts. Looks like somebody is getting killed? 🤔
I don't really think about price action in those terms. I want to see the fundamental risk/reward begin to shift. As you read in my most recent macro report, the market is still pricing a scenario that is unlikely to take place.
With 10-y yields approaching 4.2%, would y97 start accumulating a long position here?
The 20-y yields are going nuts. Looks like somebody is getting killed? 🤔
I don't really think about price action in those terms. I want to see the fundamental risk/reward begin to shift. As you read in my most recent macro report, the market is still pricing a scenario that is unlikely to take place.