FED finally fights inflation

For a break-out-

A good pre-run is +5 by 4th week of October

or

82 + 5= $87 or 50% retrace

This week 1 year treasury yield actually went up +0.11% !

When the cycle changes, and the FED does its job, the long bond can move much faster than the 1 year treasury and even become somewhat detached.

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