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Barchart
Barchart
Jim Wyckoff

Make This 1 Trade Now as the 10-Year Yield Surges and a Fed Rate Hike Looms

December U.S. Treasury bond (ZBZ26) futures present a selling opportunity on more price weakness.

See on the daily bar chart for December T-Bond futures that prices are trending down and have just hit a contract low. The bears have the solid near-term technical advantage and the path of least resistance for prices remains sideways to lower.

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