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ponzialchemist
Jun 4, 2023 1:57 AM

US10Y divergence suggesting "Sucker Rally" ahead 

United States 10 Year Government Bonds YieldTVC

Description

During market crashes yields plummet along with equities in flight for safety and also they tend to lead in the decline. But here as we see 10-year yield divergence is suggesting equities can retest ATH once more before the crash. This also aligns with previous market behavior where equities rally on rate pause leading to recession - a "Sucker Rally" essentially.

Comment

The target was reached, but this can go further.
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