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US 10Y TREASURY: inflation data aheadThe NFP data were in the center of market attention during the previous week. Analysts perceived posted data as “not too hot and not too cold”. Indeed, they were somewhere in between. The US economy added 227K new jobs, which was higher from market estimate, but at the same time the unemployment rate reached 4,2%, a modest increase from 4,1% posted previously. Regardless of these mixed data, CME FedWatch Tool is showing 85% odds for a 25 bps rate cut in December. It should be taken into account that the US inflation data is set to be released during the week ahead, which will bring another layer to market expectations. The 10Y US Treasury benchmark yields were traded to the downside during the previous week. For the second week in a row yields are gradually taking the down course. During the previous week, the 10Y benchmark was closed at the level of 4,17%. Next week, the US November inflation data will be posted, however, investors are currently positioning for the FOMC meeting, scheduled for December 17-18th.
TVC:US10Y
by XBTFX
US10Y Government Bond Yield Could Test 3.8% SoonUS10Y Government Bond Yield Could Test 3.8% Soon The price is showing the completion of a complex pattern that could push the price further. A very strong resistance zone is found near 4.16%, which was just broken. Additionally, overall market expectations regarding a potential Federal Reserve rate cut during the December meeting by 25 basis points or higher speculation may push the US10Y Government Bond Yield down even more. Let's see how the price unfolds during the coming days. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
TVC:US10YShort
by KlejdiCuni
5
US10Y: Hit the 1D MA50. See how to trade if it breaks.The U.S. Government Bonds 10 YR Yield has turned bearish on its 1D technical outlook (RSI = 42.524, MACD = 0.005, ADX = 44.101) and since last Friday it has been trading on the 1D MA50. That was the first test of this trendline in 2 months and even though yesterday's candle closed under it, we don't have a decisive breakout yet. A candle considerably below it, should test the 1D MA100. This is part of the larger Channel Down and a crossing under the 1D MA100 validates that this is the new bearish wave. The 1D RSI already is inside a mirror Channel Down pattern as April 15th-May 15th. Our perspective is long term bearish in any case but if the 1D MA100 holds, you may trade within the Channel Down and the circles for short term buy and sell entries. Our long term target is raised a little higher on the 1.1 Fibonacci extension (TP = 3.500%). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
TVC:US10YShort
by InvestingScope
Treasuries to Bitcoin reverse coorelationWhile Bitcoin and crypto are new to the game as opposed to classic assets like bonds, we can see in 2020 there was a specific and rather chilling hedge against the market. We know if the inversion of the short and long tail yields invert from short > long rates back to short < long, a timer is activated in the shifting of treasuries from short to long in a stabilization to normality, however observing the US02Y/US10Y back testing will show us that a recession is months away after the values return to short rates being less than long rates. Why is that? Why does the inversion track recession so accurately? Well it's based on intention of investors, many who are insiders. Preparing for a swap in rates can mean that long term stability is returning so worth the interest risk over the time delta, while short term rates reduce in value due to uncertainty raising in the short term. Follow the money, and not the mouths. We have seen many times mouths speak one way and money flows the other... Topping off this crypto inclusion only shows a new player in this dance of rates. the complete disconnect and reverse correlation at the moment indicated on the chart on Bitcoin shows that when we have a significant drop in rate adjustments (ie: feeling comfortable about future treasuries vs feeling nervous about near term treasuries) signals crypto as a hedge against the commonly seen recessive nature of un-inversion.
TVC:US02Y
by SuperScholarXYZ
2024 review and where to from here for US10yRisk-off sentiment doesn’t seem to last long in this current market despite all the geopolitical tensions, election volatility and inflation fears we witnessed this year. In spite of all the volatility and the odd carry trade squeeze the SPX is set to end the year up more than 25%, its second year on the trot of more than 20% gains. Never the less the US10 is on its way to close the year down roughly 4.5%. Meanwhile gold, a risk-off asset similar to US long-term treasuries, touched fresh all-time highs in October at $2,792 per ounce, up almost 30% year-to-date, and bitcoin (regardless whether you see it as a store of value, casino capitalism coin or a reserve asset) is up 125% year-to-date. The US 10-year yield was off to the races in the first four months of the year off the back of elevated inflation and modest US labour market growth which saw yields climb to highs of 4.7%. 10-year yields however turned at the end of April after US CPI topped out at 3.5% in April while the US unemployment rate continued to tick higher. I initially expected treasuries to continue their sell-off in the 2Q2024 and the US 10-year yield to break above the April high of 4.7% to complete another wave higher towards 5.0% however the forward guidance from the Fed coupled with their self-proclaimed victory against inflation ultimately pushed bids for bonds. Additionally, in June the ECB, BOE and other major central banks started front running the Fed with their rate cuts which strengthened the demand for treasuries and the dollar. The failed break above 4.5% in July coupled with the US unemployment rate topping out at a rate of 4.3% let the bond bulls loose. Yields continued to slide rapidly in the 3Q2024 until Japanic Monday on the 5th of August when the carry trade squeeze scorched short positions on the Japanese Yen after the BoJ’s surprise rate hike. Bond bulls managed to pull the yield down to a low of 3.6% before the Fed’s 50bps rate cut unexpectedly halted their run. Counter intuitively, longer-term yields have been rising since the Fed started cutting the federal funds rate. The Fed controls the short the short-end of the yield curve and with the Fed cutting rates coupled with the treasury sell-off, the market finally saw the normalization of the yield curve which has been inverted since July 2022! So, where to from here? The conclusion of the US election results saw treasury yields come off of their highs of around 4.5% but the current sell-off may still have legs if the bond vigilantes see another bout of inflation on the horizon. Additionally, the Fed has indicated that they are in no hurry to cut rates, opting for a more hawkish stance. The last non-farm payroll print will be released on Friday which may give some technical direction for yields heading into 2025. A break below the 200-day and 50-day MA around 4.2% will allow yields to drop back below 4% as we head into the New Year. My prediction is however for a re-test of the 2024 high at 4.7% early in 2025. A break above the 61.8% Fibo level of 4.3% will be an early indication of this move. In terms of technical indicators the RSI still has room to move higher and is close to oversold ranges while a cross of the 50-day MA above the 200-day MA will signal a golden cross. Additionally the impulse wave following the Fed rate cut was very strong which signals to me that we are current seeing a bullish pullback in yields (bearish for bonds).
TVC:US10YLong
by Goose96
Market Update: EU 10-Year Yield Under Pressure The 10-year yield has faced mounting pressure over the past month, and we’re now approaching critical support levels—notably, 2.00/2.01, the recent low. 🔍 Key Insights: • The RSI has dipped to 16, suggesting that this zone may hold on the initial test. • However, the broader pattern since 2023 is starting to resemble a potential topping formation. ⚠️ What to Watch For: A weekly close below 2.00 could expose the market to significant downside risks: ➡️ Targets include: • The 2024 low at 1.89 • The December 2022 low at 1.75 • Longer-term potential to slide toward the 200-week moving average, currently around 1.46 As the bond market approaches these pivotal levels, it’s critical for investors to stay vigilant and prepared for potential shifts in the macro landscape. Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
TVC:EU10Y
by The_STA
US 10Y TREASURY: NFP on scheduleRegardless of a Thanksgiving Holiday in the US, during the previous week the 10Y US Treasury yields slides back till the levels from October this year. The yields started the week around the level of 4,42% while they are ending the week at 4,17%. Feds favourite inflation gauge, the PCE Price Index was released early in the week, which was in line with market expectations. On the other hand, FOMC November meeting minutes were released suggesting a Feds members conclusion that in case of further inflation relaxation and labour data in line with their expectations, there will be a case for further rate cuts. At this moment, the CME FedWatch Tool suggests 66% odds that the Fed might cut interest rates by another 25 basis points at their December meeting. The US Treasury yields reacted to these expectations. As per current sentiment, there is still space for a further drop in yields, at least until the market properly tests the 4,0% level. It should be considered that Non-farm Payrolls are scheduled to be released in a week ahead, in which sense, some volatility might follow the US yields.
TVC:US10Y
by XBTFX
1
US 10Y TREASURY: watch for October PCEPrevious week markets spent on digesting currently mixed economic data as well as statements from a few Fed officials. The most important question at the moment is whether the Fed will cut interest rates at December's FOMC meeting or not. Statements of two Fed officials were rather mixed. On one side, Chicago Fed President Goolsbee noted his view on a need for more rate cuts, but the pace of it should not be speeded up. On the other side is Fed Governor Bowman, who stated that the fight against inflation “appears to have stalled”. The week ahead is important for markets, as October PCE data are set for a release, in which sense, might provide some clearer picture to markets of a potential next Fed move. At the current moment there are only 35% odds that the Fed will cut rates by 25% in December. The 10Y US Treasuries were traded in a relatively mixed manner, exposing market uncertainty over the potential Feds move. The yields started the week around the level of 4,48% and for the rest of the week was oscillating around the 4,4% level. Further relaxation might continue during the week ahead, in case that the October PCE is in line with the current market expectations. In case that there are some deviations, then the yields might return toward the 4,5%. However, the most probable scenario is further relaxation of yields, at least to the level of 4,3%.
TVC:US10Y
by XBTFX
1
Bonds, gold and nextwe see, every wave has shorter distance on the time 200ma and when ever price touches to 20 ma, it stars falling. We also see indicators has sell signal. How ever it still has LITTLE chance to see top side of channel quickly because momentum looks very wavey (green arrow). In this case i put my bet for bears. Because there is more reasons for me(yellow arrow). Also i want to notice that bond and gold has still correlation. NOT like before but still...If we look from this point gold has already started pricing this action. And sory guys for messy chart but all need i guess. And again sory for bad english.
TVC:US10YShort
by ardatufekci33917
US DOLLAR - Let Me Explain My Bearish Thesis...In this video, I’ll share why I believe the markets are on the verge of a major downturn. By analyzing the US dollar chart alongside Gold, the S&P 500, and Bond Yields, I’ll explain why we may be approaching the final stages of this market cycle for stocks and asset prices. This shift could devastate the economy, setting the stage for the next bull market. While the extent of the drop will depend on market forces, I’ll explore how such a scenario could unfold. We’ve already seen Oil prices plunge to zero—if you think that can’t happen to other markets, time may prove otherwise. This is simply a turning point, a necessary reset to pave the way for future growth. This is not financial advice.
TVC:AU10Y
by AriasWave
Long Term - US 2y with SPYThis 2 year plan is explained below. Chart = US 2 year on the top // SPY on the bottom To understand my charting and thought process, if you wish to, it’s best to start with the macro idea here. I’m tracking the US2 year yield. The peaks in ’89, ’00, ’06, ’18 and ’23 have created overturned cycles leading into recessions. Sure, the 2023 peak has not yet resulted in a confirmed - back dated - recession but the data is thick enough to predict one in my opinion. I think an equally important point here is to understand that putting a chart together with as much information as you can on an encompassing idea over a longer period of time is beneficial. It is to me anyway. I’ve chosen to focus on the largest market in trading…the bond market. So that being said, it’s probably best to just explain the lines and y’all can make your own conclusions. Ingredients: Vertical Lines Red = SPY market tops. And note the following % loss Green = SPY market bottoms that note the following % gains (it’s hard to read yes…anyone can build the chart and see the #’s if they want) Black = when a recession was officially declared. It’s always too late…FYI😊 Purple thick = when a 50bps reduction was mandated during FOMC. What I think is interesting here is that a -50bps cut happened 4 times during the ’07-’08 GFC, 9 times through the DotCom era and even 3x in the early 90’s. We’ll see a few more -50 in 2024-25 for sure and when interest rates are at 3.75-4.0 I’ll be mostly out of equities I think. If 2y doesn’t dead cat bounce from here I’m looking at as early as Q1 2025 to exit. The rest is self-explanatory. Bond yields are getting ever increasingly more volatile // 370% swing low to high post Dot-com to 5000% post covid to 2023?!. WTF…lol. We can see it clearly in the RSI. S&P is getting more volatile since 2018 too. Nice for trading but not ideal for recent long term investors. Horizontal Lines Blue = the bottom channel-ish on the 2y yield. It’s my own idea, so take it with a grain of salt please. I’ll be borrowing money at 1.5% or so in mid 2026 and going long AF. Of course as the charts evolve the thesis may get massaged but as an overall macro trend I don’t see a flaw in it yet. I think that’s it. Stay well traders and all the best. MR
TVC:US02Y
by Mr_Robbers
US 10Y TREASURY: Fed is not in hurryPrevious week on the US Treasury bond market was marked with Fed Chair Powell's comment that the Fed is “not in a hurry to lower interest rates”. The note came from Feds perception of a strong US growth, in which sense, there is no need to cut interest rates too soon. This marked investors confidence, so 10Y Treasury yields continued their path toward the upside. The highest weekly level reached was 4,49% at one point, however, yields are ending the week at 4,44%. It will take some time until the markets digest the mentioned note from Fed Chair Powell. Now the question is whether the Fed will cut interest rates at their December's meeting, or the rate cut will be postponed for next year. As per CME FedWatch Tool, the market is expecting with a 62% odds, that the Fed will cut in December by 25bps, while the rest is of opinion that the Fed will keep rates unchanged. This digesting might bring some volatility back on the market, where yields might move between 4,5% and 4,4% during the week ahead.
TVC:US10Y
by XBTFX