andrewunknown

10-Year US Treasury: Breakout on the Brink of Failure?

INDEX:TNX   None
10-Year UST benchmark yield breaks above its cyclical down trend line; but hesitating, presumably on Emerging Market rout/Syria safe haven flows. Does the negative divergence present on %B - a highly successful antecedent to major turns on the 10Y with very few exceptions- portend a failed breakout here?

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