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ES bounced near initial support (4190) Low was 4191.50 - rebounded on the Treasury issuance schedule
Early reaction: "US Yields Fall on Treasury Refunding Announcement" Bloomberg
The outlook for Treasury issuance has provided a change in sentiment amongst liquidity traders for sure - you can see the reaction in the markets
Increased Bill issuance vs Bonds/Notes should bring more money out of RRP into equities
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ES bounced near initial support
5/1 ES Levels June Contract (ESM24)
Posted by steve on 1st of Nov 2023 at 08:34 am
ES bounced near initial support (4190) Low was 4191.50 - rebounded on the Treasury issuance schedule
Early reaction: "US Yields Fall
Posted by steve on 1st of Nov 2023 at 08:42 am
Early reaction: "US Yields Fall on Treasury Refunding Announcement" Bloomberg
The outlook for Treasury issuance
Posted by steve on 1st of Nov 2023 at 10:03 am
The outlook for Treasury issuance has provided a change in sentiment amongst liquidity traders for sure - you can see the reaction in the markets
Increased Bill issuance vs Bonds/Notes should bring more money out of RRP into equities