Kupitman

Treasuries are in flat till autumn

TVC:US10Y   US Government Bonds 10 YR Yield
5 wave structure between Aug 2021 and Oct 2022 seems complete since the interment broke though the trend channel. Most likely the it will be forming a sideways correction flat of triangle. I see two possibilities:
  • scenario #1: it goes up to 4.3% and then fall towards 3.3% or
  • scenario #2: it goes down to 3% and then go up to 4.3% and down again to 3% level

if 4.3% gets reached first then it is opportunity to sell USD, alternatively (if 3% gets reached first) then it is a chance to buy USD.
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