As we mentioned earlier this week, the bond market is quite bullish and looking for an upside move as yields drop further. The news overnight about the attack only helps to cement the fact that the risk to the markets is still elevated. We remain firm on our target in the bond market for levels at 129 and 129.75 as areas of resistance for further upside moves in the bond market.
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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.