Bonds and Yen - The Risk Off?

its interesting how similar these charts are.

Both are ready to head north and this time most likely break through the top of the triangle. There is no more room to bounce back downward.

When this happens you can expect to see the CNBC Market in Turmoil reports to start churning out.

Rising Bonds mean RISK OFF for the bigger players and expect everything to selloff.

The Fed has actually been draining money out of the system with use of Reverse Repos which are now 1 Trillion dollars a day - So the Money Printer going BBRRRR.... well thats not happening in real terms. The Bond market know this.

Maybe Jay Powell will announce that Fed intents to end the reverse repos at Jackson Hole - and of course if that happens Bonds and Yen will sell off. Not likely though.

Albeit expect them to do exactly that after they scare the children.

Action plan - buy TLT /ZB or /6J break the triangle downward - close trade.