This is temporary until we see some serious inflation abatement. This pull back is flight from equities driven bonds catch a bid. iF THE REAL economy doesn't improve soon then the bonds only support is flight from worse outcomes. Also the fed balance sheet run off will support yields in the medium term as it constitutes a supply increase. So if inflation persists and liquidity dries up from fed tightening yields may move sideways.....and break the older channel. Go gold. I was long TBT for quite a while but that play is uncertain here.
交易手动结束
Another burst due to increase in FED QT schedule.
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