US Government 10 Year Note - Bullish

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I am starting to be very bullish on 10 year bond rates. This chart looks like we created a bottom last week after creating a major bottom last year.

People forget that things don't keep going up and, well, people got their faces ripped off in 2019. In 2020 there were signs of a bottom. I took a trade a couple weeks ago that profited on the drop in rates and I've entered a trade recently that says rates will go up.

This means, /ZN and /ZB should go down. Rates go up, ZB, ZN go down. Similar with TLT if you prefer an ETF.

This may be a 1-2 year trade for me that I will keep rolling but as of right now, this seems like a great entry. Not financial advice. Targeting 3.000 in 2 years.

Penafian

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