- Last at 2.94%, having turned back down after hitting a recent high of 3.06%. Negated the worrying possibility of a double bottom forming on the daily chart, at least for now.
- Yield resistance band around 3.06%-3.11%.
- Additional long TY position put on at 123-22. Treat new position as non-core with tighter stops than original possy.
- Still targeting 2.54% and 2.20%. Will not be surprised though by more hiccups along the way.
- On the economy, will Bonds or Equities turn out right? Either way, when resolved, one of them will turn out to have been grossly mispriced now.
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