The Day Ahead: AM Edition 2022-02-24
Now we have the day session digestion of the news overnight
Bonds
I discounted the alternate count too quickly last night. As we see, bonds are reversing the spike up overnight. This works well enough for either (A) of [II] or (II) of [III]. Both suggest lower over the short-term. The difference is the former will find support as early as 152^19 but perhaps more realistically at 151^16 or 150^30 versus the later …
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