US Yields

Where are the 10yr & 30yr yields heading

The 10yr on the daily chart is looking strong, and a test and hold above the 2.00% zone should open up a move towards 3.00% in the next 12-18 months

Price has retested the neckline of the inverse head & shoulders pattern, and whilst price remains above the breakout zone of 1.70, expect another run above 2.00.

The 30yr on the weekly seems to be lagging behind the price action of the 10yr, and has resistance zones ahead (2.44-2.50 zone & 2.63-2.66 zone) it needs to clear before heading to its target of 4.00% in the next 12-18 months.

Ideally we would like to see a weekly close above 2.66 to confirm this, but could see some chop between the zones in the meantime.

Any questions I’ll be thrilled to answer, and any feedback would be greatly appreciated.

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