Charts are pointing to a reduction rally for bonds, says trader
The bond market is about to breathe a sigh of relief, TradingAnalysis.com founder Todd Gordon told CNBC’s « Trading Nation » on Thursday. Looking at a chart of the ETF that tracks longer-term Treasurys, Gordon said the bond market is oversold as yields remain overbought. He expects a relief rally around the corner. Here’s why: • Gordon…
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