The bond market has seen further selling in the overnight session while still maintaining the range of 123.12 resistance and the floor price at 121.15. Currently looks like the bond market wants to retest the lows set back last week as we enter the NA trading session. With a slew of FED speakers scheduled to speak today, its likely that any further hawkish tones from the central bank could take bond prices down further as they tried to wheel in inflationary pressure.
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.
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.