Bond Market – Weekly Analysis

Bond markets rarely scream. They usually whisper first — through yields, curves, failed rallies, and quiet shifts in momentum. By the time the message becomes obvious, currencies, equities, housing, credit, and the broader economy are often already reacting. In this report, we examine the latest technical signals across the U.S. and Canadian bond markets and outline why the next moves in yields may become one of the most important macro signals to watch. Bonds are now pointing toward events that may not feel urgent yet — but may already be becoming inevitable. CANDLES & TA: The US10Y is neutral, leaning bearish short-term, and recorded a bearish 8/20 EMA cross. However, the mid- and long-term odds remain bullish, with substantial technical support for moves higher. The mid- and long-term trends also remain bullish. But the major signal comes from the curve. We can clearly see that short-term yields have become more…