Treasury Trend Bearish Despite Bernanke Bounce
By Kristina Zurla Landgraf • Jul 21st, 2009 • Category: Broker Commentary, Market UpdatesTreasury Trend Bearish Despite Bernanke Bounce
by Tim Evans
Treasury prices have seen some rallies in June and July and are up in the wake of this morning’s Congressional testimony from Federal Reserve Chairman Ben Bernanke, but overall, I see the trend as bearish as investors regain confidence in riskier assets. Look to sell Treasury bond futures [...]
