Weekend comment plus AUDUSD Sentiment trade 24/02/21
Hello Traders,Weekend thoughts on this weeks action:Crazy week full of ups and downs.... !! The word on everyone's lips from seasoned market pros to the novice investor seems to be 'Yields' this week. The Bond Markets are playing a game of chicken with the FED at the moment, almost daring them to take action.... be that in the form of negative rates or yield curve control, seeing them start to put their foot on the long end by buying longer duration bonds. A risky proposition either way.... I personally think that they won't tolerate a big steeping of the curve [...]