Scatterplot of US10Y 2016 weekly till today correlated with weekly's close price:
Friday, October 8, 2021
10-year Treasury yields importance today
10-year yields adds another 2 bps today to 1.59% and close to cross the 1.60% mark a technical area of last month breakout. My point of view is that bond sellers will go after profit taking, distribution and a mark-down activity. All that depends a lot on what the US nonfarm payrolls release will be later today.
Subscribe to:
Post Comments (Atom)
Popular Posts:
-
For the remainder of 2025 I see compelling opportunities in both Intercontinental Exchange (ICE) and CME Group. The key differentiator betwe...
-
Value investing is a tried-and-tested strategy that focuses on identifying stocks trading below their intrinsic value. One powerful tool for... -
The pair of YEN seems to be correlated negative with the rise of Bitcoin. Risky traders prefer to choose on alternative method of investing...
No comments:
Post a Comment