The flight to safety trade, Treasuries is also showing similar signals.
The EJ ratings cut and market's subsequent reaction sent traders flocking to the Treasury flight to safety trade, but rather than 3C confirm the move in to treasuries, it is seeing a leading negative divergence as well, in line with the 3C signals from the last post.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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