TSX:AX.PR.E - Post by User
Post by
garyreinson Nov 16, 2024 11:04am
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Post# 36316419
THE TRADE LOOKS OBVIOUS MAN
THE TRADE LOOKS OBVIOUS MANThey cued a huge Oct 1- Nov 15 sell off in bonds and REITS which is basically just a endless 7 week downtrend...some bond ETFS and REITS are back to early July lows. A huge technical reversal to the bottom end of the range
+80bp in yields
Now going into the two best months of the year- Dec and Jan.
The trade is there for the long side. What is the catalyst/data that starts sparking double digit drops in bond yields which continues to the bottom end of the range -10yr at 3.6-3.80%?
We desparately need some BAD nov jobs or a deflation print