US 10-year yields are slamming back down into the 1.72 breakout zone going back to March of 2021. We're at a logical spot to bounce, but beware of a continued move lower just as the prevailing opinion is that interest rates must rise.
Losing 1.70 and holding below on a closing basis would be an important change of character.
Losing 1.70 and holding below on a closing basis would be an important change of character.
Evan Medeiros
Founder, Trade Risk
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Website: www.thetraderisk.com
Twitter: www.twitter.com/evanmedeiros
Latest Analysis: thetraderisk.com/smw
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Founder, Trade Risk
---
Website: www.thetraderisk.com
Twitter: www.twitter.com/evanmedeiros
Latest Analysis: thetraderisk.com/smw
Free Newsletter: www.thetraderisk.com/trading-newsletter