US 10 YR
Added 2025-01-11 13:43:25 +0000 UTCThe root of the problem on Friday is very clear, this US 10 YR.
It aggressively pushed higher and it also does not look like the pain is over right now.
It is hard to see how the US 10 YR does not make it to 5% next which is also the high from October 2023 too.
Going above 5% and we are back to 2007 levels....and we know what happened directly after that.
The red flags we have been concerned about are getting brighter and more concerning, this is clear as day
The new President will need to address this as a matter of urgency when he takes office or there is only one outcome next and that is a major correction.
