10-Year Yield Futures10-Year Yield Futures10-Year Yield Futures

10-Year Yield Futures

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$10Y1! the recent decline in 10 rates looks like some folks clinging onto Waller's suggestion for a July cut. Remember, he's in the minority 😉

Calmer heads prevailing today; DXY up, $10Y1! down, equity drawdown SPY, QQQ, IWM sane compared to prior two sessions. Let's see if UVXY can break down. Volume already trending in that direction, so is momentum on the 1H chart.
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