Bond Major Trend Shift Wreaking Some Havoc? Last week we discussed how important the action in bonds and TLTs was to watch. Today bonds fell under the critical 89.6 support level in the morning and nearly closed below this support. The bond action is already starting to wreak havoc with commodity and currency markets and the reaction of stocks to continuation down in bonds will be important to watch as well. Chart 1[...]
Read More...
[Source: The Money Blogs]
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment