A series of bearish long-term trend reversals have been triggered on Gilts, says George Davis, Chief FIC Technical Analyst at RBC Capital Markets.
The combination of tighter monetary policy by the Fed and accommodative policies overseas suggests the US yield curve should flatten further, says Ari Wald, Technical Analyst at Oppenheimer.
The US yield curve should flatten over the coming months as both the 2- and 5-year US Treasury yield continue higher compared to the 10- and 30-year, according to Ari Wald, Technical Analyst at Oppenheimer.
A chart of the 10-year yield spread between Italy and the US is developing a pattern that suggests buyers are gaining strength, according to Estêvão Oliveira, Head of Technical Strategy at Haitong Bank.
A multi-decade downward trend in US yields may be about to break, according to Peter Lee, Chief Technical Strategist at UBS in New York.
Short-term tops have been confirmed for both yields and the USD, according to George Davis at RBC Capital Markets.
A large price move is due on Eurodollar futures, says James Dima, technical analyst at Marex Spectron.
A move above key resistance has opened up bullish possibilities for the Bund, according to Andrew Gebhardt and Tom Read of HPC SA.
The markets’ appetite for US credit risk has reached levels of “euphoria”, according to David Sneddon and his team at Credit Suisse in London.
In the wake of the Brexit vote RBC Capital Markets has officially changed their Fed call and are now looking for the next hike to come in the middle of 2017 at the earliest.