US 10 YR
Added 2024-12-19 17:45:15 +0000 UTCHere's the culprit, the source of pain on the market right now.
The FED needed to cut rates yesterday like we all needed a hole in the head!
The US 10 YR had no choice but to breakout yesterday after further signaling that inflation is expected to rise again
The best the market can hope for here is a retest of the breakout level and the support level does not hold and its back into the triangle again.....otherwise this is going up to the +5% level or even higher to the blue line
Druckenmiller and PTJ have so far been correct....this will put enormous pressure on Bonds.
Comments
US 10 YR js not a safe haven
Gareth Neary
2024-12-19 22:08:14 +0000 UTCWhy? Just saying. That prediction of safe haven was wrong. Not so safe.
Janko
2024-12-19 22:04:36 +0000 UTCBrain dead
Gareth Neary
2024-12-19 19:05:58 +0000 UTCThat one was wrong too
Janko
2024-12-19 19:04:41 +0000 UTC
