US10Y Government Bond Yield Could Test 3.8% SoonUS10Y Government Bond Yield Could Test 3.8% Soon
The price is showing the completion of a complex pattern that could push the price further.
A very strong resistance zone is found near 4.16%, which was just broken.
Additionally, overall market expectations regarding a potential Federal Reserve rate cut during the December meeting by 25 basis points or higher speculation may push the US10Y Government Bond Yield down even more.
Let's see how the price unfolds during the coming days.
You may find more details in the chart!
Thank you and Good Luck!
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