A top is in place on the 10-year U.S treasury yields

TVC:US10Y   US Government Bonds 10 YR Yield
Since March 2020, the 10-year U.S Treasury yields have been rising, reaching a high of 5.021% last month. According to Elliott Wave Analysis, this advance seems to have ended at that high and a decline is underway, with targets of 3.9% and 3.23%. Keep in mind that lower yields could translate to a lower U.S Dollar as well


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