Near Term Trend: Neutral
Fridays Close: 12516.5 Yield: 2.335%
UPDATE:
U.S. Treasury yields rallied back up over the last two weeks as geo-political tensions eased. However, possible Trump instability in the US and North Korea pressing buttons again has capped the rate rally.
Technically, yields are between resistance at 2.428% and support at 2.1495. Above resistance would be bullish for stocks / bearish for bonds,. Below support would be bearish for stocks/ bullish for bonds.
Buy TY futures at 2.428% yield and sell at 2.1495%.