The Day Ahead: AM Edition 2022-02-22
Letting the US markets digest the news over the long weekend
Bonds
Bonds are slipping lower this morning away from initial resist of 154^04. Yes, ZB did poke a little over that yesterday but that was in holiday trade. I’m treating the last swing high as (A) of [II] and now early in a (B) of [II] retrace. Some support at 152^14 but I like 151^30 or 151^13 better though can have a bounce before that.
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