June U.S. Treasury bond futures (ZBM25) present a buying opportunity on more price strength.
See on the daily bar chart for June U.S. T-Bond futures that prices are trending higher and this week hit a three-week high. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is in a bullish posture as the red MACD line is above the blue trigger line and both lines are trending up. Bond bulls have the near-term technical advantage.
