U.S. 30 - Year Yield/Rates (TYX) could rise to 8% in 2025. TYX completed an Elliott five - wave Impulse pattern from March 2020 to October 2023. Subsequently there was a clear Elliott wave Single Zigzag into the September 2024 bottom.
TYX could be in the early phase of Primary wave [3], if so it could reach 8% in 2025.
Weekly RSI is in the neutral zone at only 58.19%. Price could rise significantly before reaching the overbought zone at 70.00%.
Price has again pushed above Ichimoku cloud resistance. A decisive move above this zone implies a multi month rally.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.