In today’s briefing:
- US 10-Year Treasuries OVERSOLD: Where to Enter LONG for a Potential Rally
US 10-Year Treasuries OVERSOLD: Where to Enter LONG for a Potential Rally
- The 10 Yr US Treasury (GT10 GOVT) has been rising for 4 weeks now, while the CBOT 10-Year T-Note Futures (ZN) have been falling for 3 weeks.
- US 10 Year Treasuries Yields are currently in an uptrend, but our models indicate soon there will be a (temporary) pullback.
- The pullback may offer an opportunity for US Treasuries buyers, to enter/re-enter at a better price.
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