The Day Ahead: AM Edition 2022-08-19
Bonds moving lower again after Fed comments
Bonds
ZB accelerated lower overnight and continued lower this morning to nearly test a first support at 138^04. Best any bounce remains under 139^11 and bonds continue lower toward 137^02 in a third wave.
Crude Oil
Crude initially made a press up today but is starting to consolidate. Perhaps due for a tiny wave two before advancing…
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