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85/100 Bullish 29.04.2026 · 07:43 Finrend AI ⏱ 1 dk 👁 10 TR

Treasury Bonds Rise as DOJ Ends Fed Probe, Paving Way for Warsh

U.S. Treasury bonds gained value after the Department of Justice (DOJ) ended its investigation into the Federal Reserve (Fed). This development clears the path for President Donald Trump's nominee for Fed chair, potentially increasing pressure for interest rate cuts. Markets viewed the DOJ's dropping of the probe into the Fed as a step that strengthens the likelihood of Kevin Warsh, Trump's preferred candidate, becoming Fed chair. Warsh is expected to adopt a more dovish stance compared to current Fed Chair Jerome Powell and to support interest rate cuts. The rise in Treasury bonds led to a decline in yields. Investors priced in the possibility that if Warsh is appointed, the Fed could adopt a looser approach to monetary policy, which would support bond prices. Analysts note that the DOJ's termination of the investigation removes one of the biggest obstacles in Warsh's appointment process. However, they caution that the process is not yet complete and requires Senate confirmation. This is not investment advice.

📊 TLT — Piyasa Yorumu

▲ up · 60%

The news of rising Treasury bonds creates a short-term positive catalyst for TLT. However, technical indicators are sending mixed signals: the RSI is neutral at 47, and the MACD is below zero but approaching its signal line. The price is trading just below the 20- and 50-day moving averages. While the news may prompt a test of these resistance levels, stronger technical confirmation is needed for the upward move to be sustainable.

RSI 14
47.4
MACD
-0.12
24h Δ
-0.37%

📊 SPX — Piyasa Yorumu

▲ up · 60%

The rise in Treasury bonds and the DOJ's decision to halt the Fed investigation could reduce market uncertainty and increase risk appetite. The SPX closed above its 50-day moving average, with the RSI in neutral territory, indicating upside potential. However, the MACD remains below the signal line, and the 20-day average is acting as resistance. A short-term upward move is possible, but caution is warranted due to weak momentum.

RSI 14
50.8
MACD
3.75
24h Δ
0.42%

📊 DXY — Piyasa Yorumu

▲ up · 60%

The rally in Treasury bonds and the DOJ's decision to halt the Fed investigation could reduce market uncertainty, offering short-term support for the DXY. Technically, the RSI is at 53, indicating a neutral zone, while the MACD shows slightly positive momentum above its signal line. The price is trading above the 20- and 50-day moving averages, supporting an upward trend. However, the low rate of change and the RSI not approaching overbought territory suggest that the upside may be limited. Overall, the news flow and technical structure present a modest short-term upside potential.

RSI 14
53.1
MACD
0.02
24h Δ
0.02%
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