powerintegral

10-Year US TReasury yield going lower, target at 0.70%

Short
FRED:DGS10   10-Year Treasury Constant Maturity Rate
The yield on the US TNote 10-Year remains in a long term downtrend channel, looking to complete it's down wave (3) of V towards 0.70%. A break above 2.20% would invalidate this trade and a break above 3.04% would invalidate the whole bearish pattern.

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