The Day Ahead: AM Edition 2021-02-22

Finally a reversal in bonds?

Bonds

ZB finally showing real signs of life this morning. Expect bonds to stay above 163^03 and push for 163^23 or 164^08.

Crude Oil

Pretty energetic bounce this morning in CL which is putting the idea of the high being set in question. If bears are to set a lower high they need to do it soon against 61.02 or 61.61. Failure to turn down …

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