The market selloff today was driven by a sharp rise in Treasury yields following weak demand at a 20-year bond auction, signaling investor concerns about U.S. debt and fiscal policy. Moody's recent downgrade of the U.S. credit rating, fears over unsustainable government spending.
If we don't hold around 5866, there's a risk of deeper selling pressure pushing us toward 5774
If we don't hold around 5866, there's a risk of deeper selling pressure pushing us toward 5774
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