US T-Bonds - 120.08 Has Been Delivered

Usually, bonds and yields work together in harmony where price delivery is clear to see but when we are in times where bonds has delivered to a discount whilst yields is also trading in a discount and has still yet to reach premium levels, it makes me wonder how long this can go on for.

Sitting on my hands awaiting more data and will keep you guys updated.
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Midweek price action.
We have seen a relief rally into the volume imbalance mentioned earlier
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In terms of movement, price has been rangebound with only 2 days worth of trading above 120.08 before dropping below into a discount.
The question that lies ahead is will bonds continue to sell-off?
119.14 is the next draw on liquidity.
Candlestick AnalysisMultiple Time Frame Analysis

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