XJO 0.24% 8,140.9 s&p/asx 200

I have been buying bonds recently more so the long end of the...

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    I have been buying bonds recently more so the long end of the curve been nibbling around $115-114 on TLT. What strikes me is the long end of the curve could have double bottomed here and holding despite the surge in 10 yr yld past two trading days. Just another small sign to back up RB analysis that an exhaustive low could be in place. With the market starting to factor in 75bp cut - a 50bp Fed cut may put a low in the short term. White House in panic - Biden popularity at all time low with masses. Yellen copping it at senate hearings. It's all coming to a head fundamentally for energy prices. I also expect energy prices to top out soon or rather the demand for >$125 is a stretch

 
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