Currently: Cash Looking to: Sell T-Note Price futures @ 1.48% yld
As of 3/21/21 @ 9:27pm EST: 1.691% yield
LAST WEEK: We suggested selling longs / getting short of 10-year T-Note price futures at 1.392% on the 10-year Treasury yield.
UPDATE: Treasury yields simply have not let up on their advance. Right now, it looks like they want to continue to work higher towards 1.972% or higher.
We would sell longs / get short of 10-year T-Note price futures when yields re-test support at 1.48%. We will hold those shorts until yields move back up to 1.972%.