10 year treasury notes has pulled back slightly after the yields touched 1.96%. As of now, we are still in a bear market for bonds with a clear target for 2% yield and so we will continue to sell rallies when we get the chance in the bond market and look for target levels around the 2% price mark on the 10 year, which should take us to about 126.55. It important to note that this 2% level is acting as a psychology barrier and could see a massive break, taking us much lower in the bond prices or higher than 2% yield!
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.
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.