We are getting closer and closer to the 2% mark on the 10 year treasury yield. If there is any report that will give us that momentum needed, its the CPI report from today. Further weakness should take us to 126.50. If there is enough momentum we could even squeeze lower, so be mindfully of additional levels to the downside which we would have to go beyond the times of the covid crisis to find.
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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.