There was virtually no hint in bonds before today that they were under accumulation.
Here is the 7-10 year bond fund, note the accumulation around 12 p.m. today
But... don't write off the dollar just yet... This is substantial accumulation on a 60 min chart vs. the 5 min chart above.
Is interest rates about to start going up?
-
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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