10 year bond yields approaching strong resistance here at the 200 weekly ema. I would be shocked if yields didn't reject from that level.
The drop in yields should be taken well by the broader stock markets & crypto sectors as fast rising yields have been attached to rising inflation (at least that's the current narrative).
The DXY is looking weak as well running into the trend resistance on daily chart & making a lower high. This looks like a good set up for the bullas.
The drop in yields should be taken well by the broader stock markets & crypto sectors as fast rising yields have been attached to rising inflation (at least that's the current narrative).
The DXY is looking weak as well running into the trend resistance on daily chart & making a lower high. This looks like a good set up for the bullas.