Yesterday, as you know, the Fed raised rates by 25 basis points as expected, but more importantly, Chair Warsh sounded very hawkish during the press conference. He said that inflation has been well above the 2% target for too long and that the Fed needs to bring it back towards that target. Some policymakers even voted for a 50-basis-point hike. So with the Fed delivering only 25 basis points this time, more hikes are still possible in the months ahead. That's why we saw such a strong move higher in US yields and the US dollar.
Looking at US Treasuries, we are now seeing some stabilization after bonds and stocks recovered during the Asian session following Trump's comments that US interest rates should be lower. However, looking at the 10-year Treasury wave count, this still looks like only a wave four recovery, with important resistance around 106.57. So more weakness in bonds could follow, which would mean another move higher in yields and could keep the dollar supported.
GH
Looking at US Treasuries, we are now seeing some stabilization after bonds and stocks recovered during the Asian session following Trump's comments that US interest rates should be lower. However, looking at the 10-year Treasury wave count, this still looks like only a wave four recovery, with important resistance around 106.57. So more weakness in bonds could follow, which would mean another move higher in yields and could keep the dollar supported.
GH
Join the community for one week, full access. Its free >> @ wavetraders.com/elliott-wave-plans/
Learn Elliott Waves Sale-65%
👉 wavetraders.com/academy/
Newsletter
👉 bit.ly/3FVPVzO
Learn Elliott Waves Sale-65%
👉 wavetraders.com/academy/
Newsletter
👉 bit.ly/3FVPVzO
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
Join the community for one week, full access. Its free >> @ wavetraders.com/elliott-wave-plans/
Learn Elliott Waves Sale-65%
👉 wavetraders.com/academy/
Newsletter
👉 bit.ly/3FVPVzO
Learn Elliott Waves Sale-65%
👉 wavetraders.com/academy/
Newsletter
👉 bit.ly/3FVPVzO
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
