The bond market has pulled back into the moving average support after breaking the 129 handle. This is normal for a healthy market that is catching bids on risk aversion trade. We view these dips as areas to accumulate during these times and will be buying here into the resistance target at 129 handle or 129.60 area.
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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.