Fundamental Analsyis for the 10yr Yield
The yield for the 10-year treasury backed away from a significant trendline at 0.92%. This has reduced the probability of a test of intermediate-term trend resistance at +1.043%. The failure to breakout proves that we will have repercussions as a country politically, and the system is approaching a breaking-point in the U.S. With over 80% of Americans agreeing that "America is out of control", represents the sentiment. Political leaders aren't in control; institutions aren't either. Sr generation right now will be replaced, and this is the beginning of that movement motivated by younger generations moving in during the next 10 years.
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