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© 2026 The Markets Unplugged · Data in. Conviction out. - Published with Ghost & Aspect

Thursday Treasury & Bond Market Heat Check: 24 April 2025 — Yields Slide as Macro Tension Builds

  • Oz by Oz
    Oz Oz
    Co-founder and lead technical analyst at The Markets Unplugged. Leads technical, macro, and cycle analysis, and builds the timing and macro frameworks behind TMU's premium research. Instructor on the Cycle Intelligence course.
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  • April 24, 2025
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Thursday Treasury & Bond Market Heat Check: 24 April 2025 — Yields Slide as Macro Tension Builds
Photo by Tim Cooper / Unsplash
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Markets often speak in whispers, and today the bond market delivered one of its clearest messages yet. While mainstream narratives continue to focus on rate cuts as a bullish catalyst, the shape and pace of today’s yield declines suggest something more nuanced — and potentially more concerning.

This isn’t a textbook rally. It’s a structural repricing. And the clues are in the curve.


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Oz Oz
Co-founder and lead technical analyst at The Markets Unplugged. Leads technical, macro, and cycle analysis, and builds the timing and macro frameworks behind TMU's premium research. Instructor on the Cycle Intelligence course.
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