US 30 Year Bond (JUN)
Yields on U.S. Treasuries have surged to their highest level in more than a year from record lows hit in 2020, as Federal Reserve commitments to hold rates near zero for years to come encouraged investors to bet economic growth and inflation will heat up.
Looking at todays chart we show the US 30 Year Treasury Bond Price which seemingly reached a tradable low.
This would indicate lower Yields and higher US Bond prices.
At GMTT we already went long last week and the first upside target is 158.03.
The suggested sell stop is at 153.00
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30Y T_Bonds APR 6 2021