bullish

US Long-End Yields Pause not Reversal

339 Views26 May 2023 01:51
Syndicated
SUMMARY
  • The long-end bond price rallied on Tuesday and early Wednesday, indicating a potential fall pause at the critical support.
  • Additionally, AUSDUD followed NZDUSD's decline, was impulsive, and the AUDUSD broke the H&S neckline.
  • It's uncommon for higher US long-end yields and lower AUDUSD to go in different directions unless it's due to pure short-end yield differential, which is unlikely.
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