US 10 YR
Added 2024-05-01 13:48:28 +0000 UTCUS 10 YR continues to drift up in this channel and testing higher Fib levels, the higher this moves, the more pressure is on the Fed....I believe a breakout above the 0.78 Fib would be incredibly difficult for the market to handle, as a test of the previous high above 5% would almost be inevitable.
So if this happens, we could see capitulation in the market, so I am watching this closely.
