Sticky Inflation Creates 1 Key Trading Opportunity Right Now

Core Viewpoint - March U.S. Treasury note futures are presenting a selling opportunity due to ongoing price weakness, with prices recently hitting a more-than-three-month low [1][2]. Technical Analysis - The daily bar chart for March U.S. T-Note futures indicates a downward trend, with the moving average convergence divergence (MACD) indicator showing a bearish posture as the blue MACD line is below the red trigger line and both are trending down [1]. - A move below the chart support at Friday's low of 112.03.5 would signal a selling opportunity, with a downside price objective set at 110.00.0 or lower. Technical resistance is identified at 113.00.0, where a protective buy stop should be placed [3]. Economic Context - The U.S. economic outlook is mixed but not overly weak, with market sentiment suggesting that the Federal Reserve is unlikely to lower interest rates in the near term due to persistent price inflation, which is bearish for U.S. Treasury prices [2].