June U.S. Treasury bond futures (ZBM25) present a value-buying opportunity on fresh price strength.
U.S. Treasury bond futures have been routed this week by speculation and rumors that the U.S. Treasury market has become unstable. Treasury bond and note futures prices have fallen dramatically. (Treasury prices and yields move in the opposite direction). Part of the selling pressure is due to speculation that China and Japan, which are major holders of U.S. Treasuries, have been unloading them amid the U.S. trade tariffs onslaught.
