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Bonds at stiff resistance

After rallying pretty hard on the ol’ Pavlov’s dogs’ “safe haven” bid, US bonds now have some work ahead of them methinks.

Seems to me there is a lot of alternative safe havens vying for global capital at the moment, including CHF.

Not saying it can’t get through, just it will take a lot of work and I don’t know if the fundamentals will be that forthcoming. Risk reward favors betting against it, imo.

: LongBondsResistance.jpg

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