The bond market continues to sell off further while pricing in the FED rate hikes. As of this week, we have already touched the 2.66% and likely will be headed towards the 3% handle, taking the bond prices much lower as we go there. Key levels to watch for to the downside would be at 120.25 and 117.60 zone.
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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.