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10-Year US Treasury yield downside continuation

Short
10-Year Treasury Constant Maturity Rate (FRED:DGS10)  
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FRED:DGS10   10-Year Treasury Constant Maturity Rate
TY rates yield bonds
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ty rates yield bonds
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.
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