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US 10yr yield, target below 1.53% remains

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 31, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Near term US 10 year note yield outlook: In the Mar 23rd email, again affirmed the view of a top at the Mar 16th high at 2.00%, and with declines back to the Feb 11th low at 1.53% (and even below, though further downside may be limited, see longer term below) ahead. The market has indeed declined since, with those new lows still favored ahead. Note that technicals are bearish (see sell mode on the daily macd) and the market is seen completing the 3 wave upside correction (a-b-c) from that Feb

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