With respect to yesterday’s post, the 10yr yield has crept above the SMA 50 while the Financials and Banks seem to be thinking about it, pondering. It would seem almost too perfect to have yields reverse back upward simply because we noted the negative CoT and sentiment situations in long-term Treasuries. I mean, these are the markets and they exist to make fools of us. But so far, TNX is on script.
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