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US 30 Year Treasury Bonds

US bond markets bounced back in response to the falling stock market, rather than as a relief that the bond market panic may have paused. The bounce however is wave 4 in the larger trend as shown and wave 4 consolidation can last for a few weeks before wave 5 down starts. So I am not sure what it means for stocks immediately though it should be a relief that rates have paused their advance but do not get complacent about it.

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