Yellen scheduled to speak today. Cattle spreads hit objectives

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 29, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Financials: June Bonds are currently 3 higher at 163’20, 10 Yr. Notes 1 higher at 129’14, 5 Yr. Notes 1 higher 120’12.5 and June 2017 Eurodollars fractionally higher at 98.93. Recent position reports suggest that Hedge Funds have piled into treasuries on the long side of the market in anticipation of fewer rate hikes than originally anticipated last December. Being ever the contrarian it makes me a bit nervous when market participation is so one sided. Perhaps todays speech by Fed Chairman

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