bonds --- critical point today?

[BigBiceps]

Will we gap down in yields and form a hanging man reversal or is this the beginning of a breakway gap?

For boring people: neither.

[Evan]

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Will we gap down in yields and form a hanging man reversal or is this the beginning of a breakway gap?

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Can you tell me what the hell this means so I can vote?

[RicoTubbs]

Stupid poll should include Harami Cross, Shooting Star, etc.

Evening Doji Star ftw.

[DcifrThs]

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what? post isdumb.

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EDIT: and you're a bit late to the party. bond yields hit a critical point last week and have jumped a total of 40-50bps.

the realization of no rate cut has hit.

now wait for the next realization of a rate hike.

the fed released the beige book citing relatively low inflation & equities & bonds rallied.

at the same time, stronger than expected retail sales #s came out signalling that the economy is not slowing as many have predicted (wealth effect from housing & higher gas prices not hampering consumer spending).

thus i think the market has overreacted to the beige book and more realizations are on the horizon.

AKA bond yields will rise by more again.

Barron

[BigBiceps]

Barron,

Here is the post I was refering to.
Although I did not explicitly say it, this was the local maximum for TNX yields.

BB

[DcifrThs]

[ QUOTE ]
Barron,

Here is the post I was refering to.
Although I did not explicitly say it, this was the local maximum for TNX yields.

BB

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a) your post wasn't in english.

b) at the time, the economy looked far stronger & more resiliant than it does now w/ some earnings reports in etc.

so i'm not sitting here preaching w/o reason.

i still think yields are incorrectly priced though.

Barron