10y Treasury has more bullish momentum - curve flattens further
10y Note has been trading above the cloud and signals show more bullish bias.
Please note that there is a historically record short speculative positioning on US treasury market, which may cause more short term squeeze up, especially in 10y and 30y bonds.
Please note that there is a historically record short speculative positioning on US treasury market, which may cause more short term squeeze up, especially in 10y and 30y bonds.
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