Friday, September 9, 2016

US 10 Year Treasury Yield

It has been climbing up from a low of 1.36% to recent high of 1.63%. The short term key resistance is 1.63%. A break above this level could cause a surge in USD and correspondingly weakness in emerging markets and commodities. This blog thinks there will be a likely breakout above 1.70% causing a correction in global markets in the weeks ahead.
All posts and charts are for educational and illustration purposes only

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