Us 10 year bond yields :Will we breach 3% or will the ppt save uIf US 10 year breaches 3% resistance,
Katy bar the door ! I believe this
is a key technical level that may
trigger a larger sell off in the bond
markets. Remember that as the bonds
sell off the yield ( interest rate ) rise's .
As of right now the yield on a 30 year bond
is @ 3.14% and a 10 year is @ 2.96% !
So if you were buying bonds why would you
loan .gov the same amount for 30 years
vs 10 years when the yield is @ equal ?
Answer : you wouldn't unless your the fed reserve bank
who is allegedly selling as well, Quantitative Tightening .
So who will buy all this debt.... ?
