The two most important charts in the bond market, according to traders

" asked two technicians to cut through the noise and share the chart that explains the market dynamics in play right now."It's most important to highlight the Fed's balance sheet, not the massive expansion we've seen over the last decade, but really the Fed's balance sheet over just this year," Baruch said Thursday. "They're buying debt, and ultimately, what you're seeing is as you're underpinning the Treasury complex you're suppressing yields.

Bond yields are unlikely to move much lower, though, according to Craig Johnson, chief market technician at Piper Sandler. "I don't think you're going to get the 10-year bond yields to pull back a lot further from here," Johnson said during the same interview. "You can see that we've pulled back to almost the rising 200-day moving average," highlighting that as an area of support."We've come from 50 basis points to 1.77% just a few months ago," he said. "Then that decline in yields started to accelerate.

He says both of those narratives have hit an extreme. Should the 10-year break below 1.23%, though, he says, it could spook investors by suggesting the recovery has a long way to go.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Asian stocks track losses on Wall Street with investors waryTraders have been shifting money into bonds in recent weeks, pulling down the benchmark yield, which is used to set rates on mortgages and many other kinds... wow
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

Analysis: U.S. bond managers say market has overshot, yields too lowInvestors at some of the largest U.S. asset managers are holding fast to the view that bond yields will move higher in the second half of this year, despite the recent slide in Treasury yields, which they see as a temporary move.
Fuente: Reuters - 🏆 2. / 97 Leer más »

Stocks close higher, led by gains for tech; bond yields dropWall Street capped a day of choppy trading Wednesday with more record highs for stocks and another drop in bond yields that sends mixed signals about investors' confidence in the market.
Fuente: latimes - 🏆 11. / 82 Leer más »