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It's all about oil

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 22, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Financials: Mar. Bonds are currently 1’00 lower at 158’18, 10 Yr. Notes 14 lower at 128’07.5 and 5 Yr. Notes 9 lower at 119’29.2. In the last 2 sessions Oil has rallied off of multi year lows by more than three dollars continuing “risk on” trading, rallying equities and breaking interest rate vehicles ccausing an uptick in yields. 10 Yr. Note yields droped below 2% temporarily and are now back over this benchmark yielding about 2.04%. I am taking this recent decline in the long 5 Yr./short 10

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