The Day Ahead: AM Edition 2022-03-22

Equity indices still trying to dish out pain for bears

Mar 22, 2022

∙ Paid

Bonds

ZB is down again this morning to test a intraday target at 148^11 and pushing to a daily support at 148^01. At this point, I’d like these supports to be soft and for bonds to grind even lower to 146^09. Granted, it is getting extended and can’t rule out a minor bounce to 149^28. Net, a little late to start a fresh short but too early to shop for mu…

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