T-Bond YIELDS Remain on a Tear Heading into Friday's Jobs Report

Ahead of Friday's Jobs Report, both 5- and 10-year YIELD are poised to confront key resistance lines at 1.66% and at 3.32% respectively.

Why the strength?

Everyone is guessing at this point, either that Q2 growth will turn out to be much more robust than expected, and-or that this Friday's Report will show a big uptick in both NFP and wages (AHE), despite a disappointing ADP Report.

Otherwise, what could be spooking the bond market, unnerving investors, to exit 5- and 10-year paper? Inflation?


Are the Chinese selling U.S. paper?

Who knows, but something is spooking bond holders.

  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!