Treasuries still early to buy

Key Takeaways

  • Monday’s break to multi-day lows throws the rally prospects in doubt – Trends remain bearish and momentum is not oversold
  • Treasury yields still look to push higher into late April as positioning doesn’t yet favor a pullback in yields
  • Energy still a preferred area to favor and no real evidence of deterioration
The attempted stabilization in US Equities has certainly not led to much rally in recent days.  While prices earlier in Mo...

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