Lumbering Giant
-
FEEDI heard a fellow on the radio singing the praises of the U.S. growing
at a blistering 1.6% rate. I guess any news is good news in an election
year, right?
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
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment