Based on the most mainstream of mainstream overbought/oversold indicators (a 14-day RSI), the 30Y Treasury bond has not been this oversold since June 2007 – 9 years ago and a very memorable peak in yields.
Based on the most mainstream of mainstream overbought/oversold indicators (a 14-day RSI), the 30Y Treasury bond has not been this oversold since June 2007 – 9 years ago and a very memorable peak in yields.