SpyMasterTrades on Nostr: The 10-year U.S. #Treasury bond yield is looking poised to close its 6-month ...
The 10-year U.S. #Treasury bond yield is looking poised to close its 6-month candlestick with a gravestone doji.
This bearish candlestick formation suggests that yields will fall in 2024.
However, since long-term resistance is flipping to support, Treasury yields may resurge in the years ahead as inflation also resurges. The coming recession is likely to be stagflationary.
Published at
2023-12-21 17:38:59Event JSON
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"content": "The 10-year U.S. #Treasury bond yield is looking poised to close its 6-month candlestick with a gravestone doji. \n\nThis bearish candlestick formation suggests that yields will fall in 2024. \n\nHowever, since long-term resistance is flipping to support, Treasury yields may resurge in the years ahead as inflation also resurges. The coming recession is likely to be stagflationary. https://m.primal.net/HUnh.png",
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