March 27, 2023

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Classic Rate Cut Signal Triggered

Please click here for a chart of 2-year Treasury ETF (UTWO).

Note the following:

• The chart shows a sharp breakdown in 2-year Treasuries prior to the start of the banking crisis.
• The chart shows a sharp move up, including a breakout in 2-year Treasuries due to the banking crisis.
• The price of Treasuries moves inverse to interest rates.  The yield on 2-year Treasuries moved from a high of 5.066% on March 8 to 3.777% on March 24.