EmoteK

US10Y: U.S. 10 Year Treasury (Does inflation eat money?)

Long
TVC:US10Y   US Government Bonds 10 YR Yield
There are two channels in a row on the chart. One of them is the Fibonacci Channels, while the horizontal ones are the Fibonacci Retracement .

The overlapping point of these two channels is 1.93% and we predict that we will reach this point in a short time.

Of course, we don't say this just by looking at the lines on the graph. With the latest incentive package, the money that will flow to the markets is obvious, and everybody says that inflation is coming. Growth in the US will be very strong, and this will inevitably result in deferred demand turning into a buying act ...

It contains only personal views and opinions. Does not contain legal investment advice ...

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