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nicholasbdurham

Bullish Pennant on US10Y, Weekly, Target: 2.25 by July 2021

Long
US Government Bonds 10 YR Yield (TVC:US10Y)  
nicholasbdurham  
TVC:US10Y   US Government Bonds 10 YR Yield
Trend Analysis Chart Patterns Pennant yields interestrates bonds 10year
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trendanalysis chartpattern pennant yields interestrates bonds 10year
The US10Y activity on the weekly chart has been forming a bullish pennant. This is consistent with the overall economic environment, which also supports rising interests rates. It will be interesting to see how this chart devleops, and if we can see interest rates approaching 2.25% by early July.
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