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Jim Wyckoff

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U.S. Treasuries Gain on Safe-Haven Demand, But…

October 25, 2018 by Jim Wyckoff

The turmoil in world stock and financial markets recently has boosted safe-haven U.S. Treasuries. T-Bond and T-Note futures this week have seen downtrend lines on the daily bar charts negated. See on the daily chart for December T-Bonds that a fledgling uptrend line is in place. As long as trader and investor anxiety in the world marketplace remains elevated, U.S. Treasury prices will be supported. However, once the world marketplace settles down and risk aversion recedes, look for selling pressure in U.S. bonds and notes to resume. Stay tuned!

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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