Us02y is something you should definitely pay attention to.
The move is too similar to taking out liquidity
Moreover, it is the band antenna after breaking through the high point in 2006.
It must have triggered a lot of people’s stop losses XD
After all, it is a historical high point
(The last time it was this high was 7% in April 2000)
We all know that the fomc resolution was decided a week before it was released
In other words, the Fomc resolution and SEP released on 9/21 were decided before the cpi was released last week.
This liquidity means what Treasury yield traders are pricing in
Could it be that someone else knew this earlier? Crying
If this antenna turns out to be a needle
That means the SEP shows that the last rate hike this year was in September, ending this rate hike cycle.
Let’s see 👀
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