The spread between the 10-year US and German government bond yields has dropped below a macro bullish trendline, characterizing the widening since 2008.
In other words, the market says the era of US rates being higher than German rates is passe! And therefore, holding EUR shorts is risky.
This is Going to Make very strong move up , coming days to tame the inflation RBI likely to keep increasing the Interest rates
at one point the Price can even reach 11.5 % +
if you are Looking for safe Investments and trouble free then this is safe for you
US10Y could be in at its peak in current wave cycle to stary a ABC correction.
RSI on daily is also showing divergence indicating topping out sign. The correction in US10 will be good for equities.
View will be invalid if the high 4.123 is broken and wave 5 might get extended.
If you are Looking for safe Investments then its right time , because in coming days bonds will lead the Investment cycle ,
if you are wealthy then put the Money in 2 Years Gov Bonds ( India) You will probably see Grate revenue with 1 or 2 Years
I am looking this accelerated Move in Interest rate and Bond Yield will lead to New high with past couple of Few Years around 4.9 % +
Expect the recession to hit by Mid of 2023 on Global basis , Excluding India Market , Where the consumptions ratio is More than 75.60 %
Indian Market may see small or Moderate effects of recession at the end of 2023 December...
Charts show breakout of rounding bottom formation on Weekly/Monthly charts of US 10year yields. Already got monthly closing above the breakout line.
If sustains above the breakout line minimum target for 10y yield will be around 5.5/6.5 pc. If so, there will bloodbath across all asset classes. Only below 3.4/3.3 negates the idea.
Brace! Brace! Brace! If true,...
10 year GSEC should shed the gains in the next few days.
SL should be on or above 95.76 with appropriate 1:1 to 1:2 RR ratio at least
targets can be 94.5 , 93.67 levels
my choice would be to sell on a flat open with 60-70% position size
add more shorts on rise
add the rest when the low breaches
Economists: Recession incoming!
World Leaders: Recession is out of the books.
Whom to believe? Here is my analysis from a technical standpoint👇
As someone who believes in data driven decision making, the technicals point towards a recession. How so?
When the difference between the 10 year bond yield and 2 year bond yield becomes negative,...