And I don't like local bond action.
10 year futures broke a 9 year trendline yesterday and today could only bounce to the line.
A failure to regain immmediately is a very bad sign for interest rates and suggest up to 300 basis pts higher before it stops IMO.
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Last
8,609.6 |
Change
13.800(0.16%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,595.8 | 8,616.8 | 8,595.8 |
| XJO (ASX) Chart |