June U.S. T-Bond (ZBM26) futures show a buying opportunity with prices trending higher on the daily chart. The MACD indicator is bullish, signaling near-term advantage for bulls. Market pricing in two U.S. interest rate cuts and geopolitical uncertainty are driving “flight to quality” buying of U.S. Treasuries, seen as the safest asset.

A move above resistance at 117 16/32 in June T-Bond futures presents a buying opportunity, with an upside objective of 121 16/32. Technical support is at 116 even. It is important to note that trading commodity futures and options is a volatile, complex, and risky business, requiring careful consideration of financial experience and resources.

Read more at Yahoo Finance: How Much Higher Can T-Bond Prices Go Here?