Bond Market

refer chart for details

Now Interest rate on 10 Year Bond is about to a shoot up , one can look to Go long if they trade and stay with it till it makes to 8.25 +

India Bonds were on a long term downtrend, Now daily as well as weekly structure looks positive now.

Globally the theme of Central Bankers tightening monetary policy is well captured with German yields hitting new yearly highs. Interest rates are rising all across the Globe and emerging markets need to make note of this. Yields could be testing 1% in the coming months if crude continues its upturn.

Weekly chart 10 year yield broken 2 year resistance. It is currently in the middle of the upward channel. 2 year resistance line could possibly act as a support which is at 7.50%-7.52%. Yields could possibly retest support and then spike towards 8%. Bond traders should ideally look to go short in price (long in yields at 7.50%) with stop at yield equivalent of...

German10Yr v/s Comex Gold