The 10 year treasury note has been on a downward spiral since the FED affirm the market the rate hikes are coming in March. But in the last few trading session, the pace at which the bond market prices in rate hikes has been picking up fast as noted on the slope of the down trendline. Next target for the 10 year notes is at 2.15% on the yields, which will take the price of bonds to about approx. 125.30.
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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.