US 10 YR
Added 2024-12-16 12:26:46 +0000 UTC10YR is right at the top line again for a retest, this is happening as we lead into the FED's decision this week on whether to decrease or pause any rate cuts.
So not a surprise to see the price testing this important level right now
Bond Bulls want this to reject and so will the finance sector.
This will make the Fed's job harder if this starts running above this resistance line and back up to +5%
A rejection here until the new year or mid Jan will give the market time to complete Wave 5.
Comments
safe to say that if this breaks resistance and moves higher than the wave 5 likely completes possibly before EoY?
Daniel
2024-12-16 12:38:42 +0000 UTC
