Interest Rates bounce at support level!And there they go!
The 2Yr bounced right at the support level, AGAIN
It is forming lower highs though.
10Yr #yield looks a bit weaker that its counterpart. TVC:TNX
In reference to the #interestrate post after the one quoted...
The weekly up trend is NO LONGER BROKEN!
TVC:VIX not moving much, interesting.
Government bonds
Analysing US 10-Year Yield Trends Ahead of Non-Farm Payroll DataI know we have non-farm payrolls tomorrow, but in my view, the US 10-year yield is telling a powerful story on the charts.
On the daily chart, the yield has broken into 2-month lows and fallen back below the 4.35% February peak, indicating potential near-term weakness.
The weekly chart shows a recent clear failure at the previous uptrend, suggesting that 4.74% was an interim peak. This implies we are likely to see short-term weakness.
Unless the market breaks above the recent high of 4.74%, I maintain my near- to short-term view that US 10-year yields are likely to slip back to their 20-month moving average at 4.05%.
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Bond Yields about to crater?GOOD MORNING!
The 2Yr & 10Yr have broken the triangle pattern we posted on long ago.
The TVC:TNX (10Yr) has gone lower compared to the 2Yr in the same time frame.
Again, natural normalization is still out the window! What does this point to?
Will fed do what they are good at & mess it up again?
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Now look @ the 10Yr on a weekly chart!
AH HA! Are Bond #yields about to crater???
TNX 10 year note here we go againThe ten year has done a double pump each time it collapsed. This time it has hit its second top, and down we go to its 50% fib, or there abouts, just as it has in the past.
Election coming, gotta make thin gs better than they seem and are. Lower rates in July .25, just a start, then another .25 in September, and then another in November. If they wait until September, the effects of lowering wont be felt by real estate in time to have the affect they want on voters.
Commodities will surge, because inflation is still not under control, and this will actually make that worse. In fact it will cause home prices to surge up also. And with brics hitting in October, Gold is gonna skyrocket, silver follows.
Idiots. All to stay in power, and cover all the lies with that power, and by that power. They cannot afford to loose. In fact if this doesn't work, along with stimming the economy also with easy to get HLOC loans starting in July (yep Freddie Mac gonna back second mortgages - to squeeze every last drop of equity out of those inflated priced homes - wait didn't we do something similar in 2008?) , its WW3, to cover it up and delay elections.
What a world. God bless us all.
Treasury Yields Search SupportYields on the US 10-Year seem to have broken the January uptrend, threatening another test of key support at 4.26/32 - a region defined by the 52-week moving average, the 1998 low-close, and the 61.8% retracement of he 2000 Decline. Look for a larger reaction there IF reached with a break / close below needed to suggest a larger reversal is underway here.
Resistance now eyed at the yearly high-week close (HWC) at 4.66 with a breach / weekly close above 4.75/83 ultimately needed to mark uptrend resumption.
Michael Boutros
@MBForex
The Bond DilemmaThis is a simple setup resulted from the analysis, processing, and simulation, of several future scenarios that might unfold. The rectangles are projected support and resistance zones where the price might hit a bump, create a turnaround, or halt it's actions into a consolidation zone, before continuing on its initial path. The small orange one marks a potential milestone for a scenario in which in case it is hit, and only in this scenario, a pivot point might be expected at the marked time stamp. The marked price level is also relevant in case a correction is formed near it, leading to a potential end of it, with a candlestick potential reversal pattern that can signal an opportunity to jump on the action of the next wave.
We use Japanese Candlesticks in our analysis to compute the tendencies of the market, the sentiment, the overall context of each wave, but also to assess any potential weakness in a wave (useful and required for position management), or a complete reversal.
While the obvious scenarios in which a turnaround can occur at the upper rectangle, a bounce from the red one, or an incursion towards the big green one, might sound appealing to us, we must also not limit ourselves to such scenarios and keep an open mind for any other opportunities signaled by the candlestick analysis, and the overall context of the flows and events in the market.
As usual, this project will be followed by short updates for milestones, highlights, or potential red alert scenarios (pivot points or reversals). Trade with care, and may the force of profits be with you!
Yields selling off, US Dollar weakThe 2Yr Yield has cratered since our last post.
As has the 10 Yr #yield $TNX.
The pattern breaking, whichever direction, will give us an indication of the likelier direction that #equities will go.
Is the US #Dollar giving us an idea?!?!?!
You'd think CRYPTOCAP:BTC and AMEX:GLD would be moving better with the selloff of $DXY.
Saudi watch...
Trade Like A Sniper - Episode 14 - US10Y - (3rd June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing US10Y, starting from the 3-Month chart.
- R2F
US 10Y back to 5.00%?Similarly to the DXY, the US 10-year yield is showing signs of also setting up for another leg higher which will allow yields to climb back towards the 5.00% handle. The mainstream narrative however is that yields has peaked but another fresh US bond sell-off sparked by global geopolitical tension could easily allow yields to spike higher.
US 10Y TREASURY: more volatility ahead?The 10Y US Treasuries exhibited some higher volatility during the previous week. Nervousness prior to the release of the PCE data was evident, when yields reached their highest weekly level at 4.62%. However, as the PCE was fully in line with the market expectations, yields cooled down a bit until the level of 4,50% for one more time.
Shifts in investors sentiment will continue to be impacted by broader economic conditions and market forecasts, in line with significant policy developments. Economic data which will be posted in the week ahead are non-farm payrolls and unemployment data for May. In case of any surprises on this side, the market might react again with a new jump in Treasury yields. However, in case of no-surprises, the yields should continue their relaxation. Still, the first Fed's rate cut continues to be the major topic on financial markets for the future period.
Long term perspectiveThe short term pull back can be an effect due to the upcoming interest rate this upcoming june, and this pull back is a good sign of buying opportunity for long-term.
The key point in here is that the bond is set to move downward means the dollar might also fall and so the stocks will do the opposite direction.
Dollar cost averaging I believe is the best strategy for now due to uncertainty of when will the market executw the direction that we are eyeing.
This is a pov, an speculation, invest at your own risk.