US10-Yr. Yield +10% Floating (Update)Stoploss at breakeven after almost 9% decline in price into our target for the week from the suggested entry short earlier today.
US2
3.015 is the only level in play for 2 year yields...It is very clear from the monthly chart here that this has been an uptrend for some time now. The 2 year yields have started to see some widely anticipated profit taking just shy of the 2.618 extended target for the 3rd wave.
The market has since retraced and held the 23.6% in a corrective 4th wave process.
Time to start paying attention to yields again for 2019.
