tchamoun

A top is in place on the 10-year U.S treasury yields

Short
TVC:US10Y   US Government Bonds 10 YR Yield
Since March 2020, the 10-year U.S Treasury yields have been rising, reaching a high of 5.021% last month. According to Elliott Wave Analysis, this advance seems to have ended at that high and a decline is underway, with targets of 3.9% and 3.23%. Keep in mind that lower yields could translate to a lower U.S Dollar as well

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.