We believed that interest rates were going higher in Early April/Late March.
The Bullish Engulfing formation was a sign that higher interest rates were coming
TNX
The 10 Yr Yield Downtrend was broken, it retraced some, we posted that it was likely consolidating, & seems to want to go a little higher.
Central Banks worldwide are lowering rates while the US is raising them.
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Please see our profile for more info... We do post a lot.
The Bullish Engulfing formation was a sign that higher interest rates were coming
TNXThe 10 Yr Yield Downtrend was broken, it retraced some, we posted that it was likely consolidating, & seems to want to go a little higher.
Central Banks worldwide are lowering rates while the US is raising them.
---
Please see our profile for more info... We do post a lot.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.