Real GDP for the Fourth Quarter Revised Up, GDI Jumps
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The BEA revised fourth-quarter GDP from +3.2 Percent to +3.4 percent. Real
GDI was a whopping +4.8 percent but discrepancies remain and charts tell a
bette...
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.
Labels:
Charts,
interest rates,
treasuries
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