04 September 2009

10 year Bunds/UST Spread : Short at +10

  • Fresh short Bunds/long UST 10 years at +10
  • Monthly DBT looks to have failed (see previous post)
  • Weekly uptrend line broken at +23
  • More significantly, we have re-entered the old DBT NL at +11.5
  • Weekly US10YY tells same story. 3.29% low and now pulled back to the upTL at 3.36% for a buy TY signal
  • Tiny risk now. Intention is to add onto trade near to +20

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