A short-term decline in US10yrs could push yields to 3.1% within the next two weeks, followed by what I expect to be at least two months of corrective price action. Several high-tension events that could spark the traditional 'safe-haven' demand and kick off the interim decline culminate on Monday, March 5th. With the longer-term trend active, I'm bullish on US10yr yields above 2.34% and think 3.5% could be seen by December.
If you're interested in the methodology used above, stop by the Key Hidden Levels chat room. *Posts are for my personal notes only*
If you're interested in the methodology used above, stop by the Key Hidden Levels chat room. *Posts are for my personal notes only*
Note
Late on the update. 10 week uptrend now active targeting 3.14% by mid-June Note
Too much salivation for the breach of 3%.. time to drift sideways/lower over this week/into next
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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.