Long

US30Y - The technical pattern is in a powerful breakout

By ArisopeCapital

Updated

30Y have benefited from rotational flows out of the S/T part of the curve into longer dated, Technically speaking the 30Y has broken out of downward trend and is indicating a strong upside move, with a first target around 3.71/3.75% by next month.

Trade closed: target reached

Profit take here

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