US10YEAR yields have bounced strongly off the 50% fib level at 1.13% for the second successive time and looks to be forming a possible double bottom. A move above 1.30% and back above the 200dma will be an important milestone for the 10 year yields, which could see it move up another 20bp..
bondsChart Patternsus10yryield

"If you do what you love, you'll never work a day in your life" - Marc Anthony
Also on:

Disclaimer