Mighty US yields surging further
US 10 year at 1.77% as of writing. The perfect trend channel continues, and if we close above 1.75% we have another break up.
Noteworthy is the fact this last yields move higher from 1.6 to 1.77% has been violent, happening in only 4 sessions. You can almost not "feel" the move, but it is big.
So far tech has managed to shrug off this latest yields move, but the 10 year at 1.77% risks reminding NASDAQ it is the duration play.
Noteworthy is the fact this last yields move higher from 1.6 to 1.77% has been violent, happening in only 4 sessions. You can almost not "feel" the move, but it is big.
So far tech has managed to shrug off this latest yields move, but the 10 year at 1.77% risks reminding NASDAQ it is the duration play.
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