Update on Bonds: Mar 22, 2019

TNX reached our 24.98 target yesterday, but ZN came up just a bit short of its 123’285 target.  This morning’s action has remedied that, as ZN just reached 123’295 — the target we first charted last May [see: Bonds and Value.]

As we discussed yesterday the delay in reaching these targets, while tiresome, has provided strong clues as to next steps.

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