2020-09-12

10 Year Yield Bearish Potential

A small head-and-shoulders pattern on the 10-year Treasury yield has not completed yet, but if it does, the target would be a new all-time low. The yield is closer to breaking its downtrend though, and that is the expected resolution for now. If the 10-year closes the gap and continues moving lower, then a new low becomes a seriously possibility.

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