Bonds Don’t Want to Decline

In early September, sovereign bond yields swooned higher from all time lows. But the bounce from low levels soon met with the resistance level and they are again lower. Checkout what chart and seasonal patterns are making it difficult for bonds to decline and yields to rise.

Morning Notes – Monday September 26, 2016

Directional Bias For The Day: The futures are sharply down Odds are high for a down day S&P 500 has been down 7 out of last 8 years during the final five days of Q3 Key levels for eMini futures: break above 2155 for bulls and break below 2131 for bears Markets in the East were mostly down – Australia was…