UnknownUnicorn27566687

Treaasury 10Y Yield will drift higher to 3.91%<4.15%

TVC:US10Y   US Government Bonds 10 YR Yield
The chart takes a view of the 10Y Treasury Yield on a month time scale. As anyone could understand the Yield compression trend has probably tested the lowest Yield possible in Q2 2020, which will see a reversal and a secular shift in trend with higher real yields going forward with higher sustained inflation.
In this instance only by the wider chart technical, it's possible to see how the whole Fibonacci retracement provides the 23.6 retracement level matching the 4.15% Yield, meanwhile, the 3.91% Yield area becomes a technical important area.
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