US 10year treasury bonds continue being bearish since we recently established a new downtrend, driven by the announcement of the FED to decrease QE.
We currently saw a little bit of consolidation, we are now trading at trend resistance while oscillators at maximum, due to time cycles we will see a bearish continuation into february.
Ps. bonds will deliver a 2% return at the end of 2024 according to rate hike plans if the FED, while inflation is around and will probably stay above 7 % , who wants to buy bonds in such an environment ?
bonds would have to surely deliver a 5 % yoy gain in price. It will take a while to gain that confidence into bonds.
We currently saw a little bit of consolidation, we are now trading at trend resistance while oscillators at maximum, due to time cycles we will see a bearish continuation into february.
Ps. bonds will deliver a 2% return at the end of 2024 according to rate hike plans if the FED, while inflation is around and will probably stay above 7 % , who wants to buy bonds in such an environment ?
bonds would have to surely deliver a 5 % yoy gain in price. It will take a while to gain that confidence into bonds.