US 10 Yr
Added 2024-04-24 16:15:35 +0000 UTCI believe this is the thorn in the markets side right now
The rate keeps increasing adding enormous pressure on the market, it slows the flow of money in and out of the economy and in some cases cripples sectors if the rates are too high.
I see another leg up here too is possible to the 0.78 Fib at 4.72%
Breaking above this level would mean there is a strong possibility that the previous high can be challenged, the markets will not be comfortable with this
We saw how much the market struggled in August and Sept when rates peaked, I suspect the same will happen again.
Comments
Is this to suggest an exit/re-entry on TLT/TMF would be worth considering?
Nth73
2024-04-24 20:46:38 +0000 UTC
