Tuesday, September 7, 2010

Japanese Govt Bonds are correcting but running into Support

Yield is creeping higher inside the downtrend channel targeting 1.46%.

Weekly bond prices came off Overbought levels on the Weekly RSI however they are at a long term support level and will have to consolidate before the move resumes and certainly IF only the global re-flation is on the menu again.

No comments:

Post a Comment