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Jobless Claims Drive 30 Year to Top of June-July Bull Channel

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Jobless Claims Drive 30 Year to Top of June-July Bull Channel

However, the 10 year only set New Year highs by a half tick, and the 5 year did not follow with new move highs on the year. As noted many times in the past, there is a central tendency for treasuries to set intermediate term trend changes on retail sales reports. Tomorrow is the retail sales report for July.

Posted-In: Economics Intraday Update

 

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