truetradero
Short

10-Year US Treasury yield downside continuation

FRED:DGS10   10-Year Treasury Constant Maturity Rate
98 1 0
10-Year US Treasury yield remains in a long term downtrend channel , in the process of completing downwave (3) of V near the bottom of the channel at around 0.70%. Key resistance that if broken would invalidate this bearish scenario is the 3.04% level.
The targets of 1.01% and 0.41% specified in the top text of the chart is not good. It should be written "Target of wave (3) of V = 0.70%". Sorry for the mistake.
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