4 July 2024
US Treasury yields fell for a second day and the Fed's June Minutes were released after the market closed, echoing Fed Chairman Jerome Powell's statement that Inflationary pressures are easing.
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31 March 2026
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4 July 2024
US Treasury yields fell for a second day and the Fed's June Minutes were released after the market closed, echoing Fed Chairman Jerome Powell's statement that Inflationary pressures are easing.
3 July 2024
US10YT stumbled upon the upper channel Resistance area around 4.516% yield and hence testing the MA50 Support / 4.424% yield. POTENTIAL: further consolidation will bring the yield towards the next Support which is the MA10 & MA20 range around 4.330% yield.
2 July 2024
US10YT has almost reached the TARGET / upper channel resistance of its downtrend, at a yield of 4.52% and will wait for the next catalyst such as a number of US employment data which is due to be released this week.
1 July 2024
US10YT appears to be holding back towards MA50 Resistance / yield of 4.42%. After that level, the yield will have the potential to strengthen towards the upper channel Resistance at a yield of 4.51%.
27 June 2024
Investors took a wait-and-see stance ahead of the presidential debate and a closely monitored inflation report by the Federal Reserve.