BlueHatInvestor

US10Y ~ November TA Outlook (Weekly Chart)

Short
TVC:US10Y   US Government Bonds 10 YR Yield
US10Y chart mapping/analysis.

US10Y getting dumped off combination FOMC decision, US economic data + US Treasuries update triggering institutional short covering.

Bond & equities market squeezed higher, in-line with seasonality.

Possible bearish H&S in development on lower timeframe, pending pattern confirmation.

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.