US10Y ready to rally
With the US FED set to begin tapering and the US government continuing on its unprecedented spending spree, the US10Y is ready to rally throughout 2022. Although you should not use technicals on on macroeconomic trends, it is evident that a cup and handle is forming with the target yield at about 2.8%. This increase in interest rates could have major wide-reaching impacts on the economy as a whole.
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