ridethepig

Brace for floor in Yields

Long
ridethepig Updated   
TVC:US10Y   US Government Bonds 10 YR Yield
After reaching a major target for shorts here at 2.088 (we have been tracking this all year long, for those wanting to dig deeper you can see the attached charts in the archives) we can expect profit taking to be done.

Smart money is taking profits as we enter into a very important CB combo, there is plenty of time to unwind and position from higher if necessary.

Best of luck those tracking the lows, expecting large moves in FX.
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