Kshitij Consultancy Services
Graph Gallery WHERE ARE THE GLOBAL MARKETS GOING?
TECHNICAL CHARTS
FUNDAMENTAL CHARTS
Morning Briefing US 10 Yr Yield (2.96%), 30 Yr (3.13%), 5 Yr (2.8087%), 2 Yr (2.474%):
The 10 Year yield (2.96%), as we predicted yesterday, saw a high near 2.99%, thereby almost touching the 3% mark. However it has come off from those levels and is trading near 2.96% currently. It had breached resistance near 2.92% on medium term chart day before yesterday and if it doesn’t dip back below that resistance, it could breach the 3% level soon.
The 30 yr yield has dipped slightly after seeing a high near 3.17% yesterday. A breach of 3% on the 10 year yield could correspond with a breach of 3.2% by the 30 year yield (seen as horizontal resistance on short term chart).