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KC/Chicago Wheat spread narrows

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 1, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Financials: Mar. Bonds are currently 10 lower at 153’22, 10 Yr. Notes 6 lower at 126’08 and 5 Yr. Notes 2.5 lower at 118’17.7. Not much has happened with these markets over the last few sessions as the market awaits the FOMC meeting mid-month and this weeks Employment Report on Friday. The current conventional wisdom is that if the Report shows an increase of 170,000+ in non-farm payrolls and unemployment at 5% the Fed will have reason to justify a rate increase. We continue to hold the ratio

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