30-Year Treasury (ZB) — -0.4 between 109 support and 110 resistance with 4/10 confidence
Market pricing structural bearish duration environment with 30Y at 5.19% near multi-year highs; ZB consolidating 108.31-110.00 awaiting Sep 1 ISM/JOLTs for directional catalyst; Bessent buyback doubling acknowledged as partial offset to supply pressure but not a game-changer; COT short covering refl