Bullish Pennant on US10Y, Weekly, Target: 2.25 by July 2021
The US10Y activity on the weekly chart has been forming a bullish pennant. This is consistent with the overall economic environment, which also supports rising interests rates. It will be interesting to see how this chart devleops, and if we can see interest rates approaching 2.25% by early July.
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Disclaimer
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.