Intraday Market Thoughts
Archived IMT (2009.03.11)
by
Mar 11, 2009 13:10
Watch the US 10-year yield as it probes 3.06% resistance (highest since Nov), a break of which could call up the 3.30% target (March 2008 low) and 61.8% retracement of latest downleg. I reiterate that only supply concerns (excessive US borrowing) are behind rising bond yields (rather than inflation or growth). Todays 10-year auction may be well subscribed, which could only serve as a fresh selling opportunity, before prolonged losses (in price).
Latest IMTs
-
محتوى بوصلة السوق من العائد الى الذهب و الناسداك
by Ashraf Laidi | Mar 20, 2024 12:42
-
BTC Needs Powell Correction بيتكوين بحاجة الى تصحيح
by Ashraf Laidi | Mar 18, 2024 17:20
-
Not once, twice, but six ستة مرات ليس صدفة
by Ashraf Laidi | Mar 13, 2024 10:07
-
Finding 88K Bitcoin كيفية الوصول الى
by Ashraf Laidi | Mar 4, 2024 12:21
-
شراء بيتكوين وصل الى عشر أضعاف الإنتاج
by Ashraf Laidi | Feb 29, 2024 9:17