March U.S. Treasury note (ZNH26) futures present a selling opportunity on more price weakness. See on the daily bar chart for March U.S. T-Note futures that prices have just hit a five-month low and are in a downtrend. See, too, that the moving average convergence divergence (MACD) indicator is in a bearish mode as the blue MACD line is below the red trigger line and both lines are trending down. More News from Barchart Fundamentally, global bond markets are presently roiled by a shaky Japanese govern ...

Core Viewpoint - March U.S. Treasury note futures are presenting a selling opportunity due to ongoing price weakness and bearish technical indicators [1][2]. Technical Analysis - Prices of March U.S. Treasury note futures are trending down, with a minor bear flag pattern observed on the daily bar chart [2]. - The MACD indicator is in a bearish posture, indicating that the bears hold a near-term technical advantage [2]. - A move below the last week's low of 112.14 would signal a selling opportunity, with a downside price objective of 111.00 or lower [4]. Fundamental Analysis - The recent Federal Reserve FOMC meeting adopted a hawkish stance on U.S. monetary policy, with Fed Chair Jerome Powell suggesting that interest rates may not decrease further after a 0.25% cut [3]. - U.S. inflation is described as "sticky" and remains above the Fed's target, contributing to bearish sentiment for U.S. Treasury prices [3].