Bank sector negatively diverges long-term yields As long-term yields rise to tick the 2.5% to 2.7% target zone on the 30yr, the Bank sector seems to have other ideas. Like…
With the 30yr yield breaking upward today (daily chart)... ...let's review the original theme (back in play after a little macro whipsaw), which was to build a right side shoulder…
I used the last bounce to unload one position in TBT at a very good profit, while my existing position - part of my home made curve steepener with short-term…
The 10 year yield is in a short-term bounce pattern, which is completely unsurprising as it goes in positive correlation with stocks on their relief bounce from the risk 'off'…