As the price in the treasury market continues to climb higher, the yields are falling further. We are looking 1.68% or 1.6% to be retested in the coming days in the bond market. With that being said, resistance for those yield targets in the bond prices can be found at 129.25 or the 130 handle. Its important to note that the implied odds for rate hikes have dropped dramatically since last week due to war risk and geopolitical uncertainty.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.