US 10yr yield going to 3.10-3.20% before a top
It still looks to me like we have more room on the upside for US 10y yields (bond prices lower) short term. FED tonight probably a wash but a hike in June is locked in currently so expect yields to rise over coming days/weeks until something changes.
Comment:
Just saying on US 10yr yields.....topped at 3.13%.....potentially heading back to 2.50% if H+S Top pattern breaks alongside sell off in stock markets.....despite FED next week (more curve flattening)
