GB05Y - A show of hands!UK 5 YEAR GOVT BONDS YIELD
It is recommended to wait for confirmation by show of hand on the asset; the three successive bearish candles occurring at the region below the rising TL may be indicating something.... too soon to call?
Suspicions are that the main leagues are not yet ready to fully liquidate, that they may have banked some profits and reloaded with discount; simple shark meal as usual - not a difficult life or decision considering the massive capital and first-hand access to new information.
If you feel so inclined, please leave your thoughts in the comments section below.
Heed your DD!
GB05Y trade ideas
5Y GILTS can drift higher to 6.0%The UK economy has become grossly imbalanced, huge fiscal deficit, trade balance deficit, financial account deficit, an overall burden to the global economy and investors that are not going to lend funds anymore to the UK
unless Yields do provide much more remuneration for the risk of UK GILTS. The UK Sovereign debt does not fully discount an inbuilt fragmentation risk, such as Scotland's full devolution.
Thereby, large Institutional funds need to be fully aware of the higher and unforeseen risk in UK GILTS.
The 5Y GILTS chart on a monthly timeframe would see yields testing 6.0%