Intraday Market Thoughts

When Yield Spreads Show Head & Shoulders

by Ashraf Laidi
Nov 26, 2014 19:49

A developing head-&-shoulder formation in the 10 and 2-year yield spreads between two certain nations is leading us to issue two new shorts in today's Premium Insights. Charting technical dynamics among macroindicators may not be common, but in the rare occasions when we capture such developments, we must not miss the opportunity to take action, especially as it makes sense from a fundamental perspective and technical standpoint on the spot rate. Full charts & trades found here


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