US 10Y T-Note
Short

2% yield on the 10 year treasury note is a given

23
The market has been pushing for 2% on the 10 year treasury note as rates are expected to rise. As of today, we were able to reach 1.96% on the treasury note before letting off the gas pedal. Its a wide consensus in the bond market that 2% is key, and thus we should stick to our target, which is only a few more ticks away. A break of the most recent low should give us the moment to get to 2%. The real question here is if there will be enough momentum to blast through that key barrier or will we reject 2% and fall off again.

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