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RizeSenpai
28 фев 2024 г., 17:44

Short-Term Bond Yields are Setting up for a Major Correction Длинная

iShares 1-3 Year Treasury Bond ETFNASDAQ

Описание

The SHY ETF is an ETF that holds 1–3 Year US Treasury Bonds and as the yields have gone up this bond ETF has declined. However, in recent times it would seem that this ETF is now trying to confirm a Double Bottom with the test of the 21-week SMA, if it holds we could go p to about $85 which would put a lot of downwards pressure on the bond yields which should align with a decline in the US Dollar and a rise in the Australian Dollar. I suspect the move will be fast and short-lived, but dramatic all the same.
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