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home / news releases / TYO - Bond Market Week In Review 3/2-3/6


TYO - Bond Market Week In Review 3/2-3/6

Investment thesis: the bond market is still the beneficiary of a huge flight to safety. However, it's possible to argue that the Treasury market charts are starting to go parabolic, which means they may be nearing a top. Other markets are generally in uptrends.

The big news this week was the surprise rate cut by the Fed on Tuesday. Here is the statement emphasis added)

The fundamentals of the U.S. economy remain strong. However, the coronavirus poses evolving risks to economic activity. In light of these risks and in support of achieving its maximum employment

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Stock Information

Company Name: Direxion Daily 10-Yr Treasury Bear 3x Shrs
Stock Symbol: TYO
Market: NYSE

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