SpyMasterTrades on Nostr: The 10-year U.S. #Treasury bond yield is looking poised to close its 6-month ...
The 10-year U.S. #Treasury bond yield is looking poised to close its 6-month candlestick with a gravestone doji.
This bearish candlestick formation suggests that yields will fall in 2024.
However, since long-term resistance is flipping to support, Treasury yields may resurge in the years ahead as inflation also resurges. The coming recession is likely to be stagflationary.
This bearish candlestick formation suggests that yields will fall in 2024.
However, since long-term resistance is flipping to support, Treasury yields may resurge in the years ahead as inflation also resurges. The coming recession is likely to be stagflationary.