Current: 1.36%
The yield has been range-bound, possibly basing however a push through 1.38/1.40% could re-ignite the value/growth discussion, with higher yields being positive for cyclicals such as Industrials as well as a positive for Banks/Financials, while generally being a negative for the 'growth' including technology.
On the chart, the price has breached the downward trend line extending back to May while developing a series of higher lows. In addition, the MACD is looking to cross back above the centre line while the RSI is back in a bullish regime as it points higher with a print of 58.
We also note, the price is reclaiming it's 50-EMA (not shown for chart clarity).
For more real-time insights and ideas, get in touch today.
The yield has been range-bound, possibly basing however a push through 1.38/1.40% could re-ignite the value/growth discussion, with higher yields being positive for cyclicals such as Industrials as well as a positive for Banks/Financials, while generally being a negative for the 'growth' including technology.
On the chart, the price has breached the downward trend line extending back to May while developing a series of higher lows. In addition, the MACD is looking to cross back above the centre line while the RSI is back in a bullish regime as it points higher with a print of 58.
We also note, the price is reclaiming it's 50-EMA (not shown for chart clarity).
For more real-time insights and ideas, get in touch today.