Pete jumps in the studio to give us the rundown with the US Treasury Yield Curve. The short end of the curve has bounced, while the longer maturity pieces have remained flat.
With this short-end steepening, five-year yields have seen the greatest daily volatility and 30-year yields have seen the smallest. /ZF is also exhibiting the highest IV Rank.
With this information in mind, Pete presents a trade idea that capitalizes on the most opportune piece of the yield curve, Five-Year Notes. Check out his setup and get his management expectations in the video!