Technical_Analysis_page_154

Technical | Analysis page 154 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

Chapter 7 Sentiment 125 Treasury Bond COT Data The spread between large speculators and commercial hedgers is positively correlated with bond prices and inversely related to long-term interest rates (see Figure 7.23). Ned Davis Research, Inc., found that in the period between August 1992 and…