My latest piece for TraderPlanet takes a look at the latest price action in the 10-year Treasury yield. Below is an excerpt:
This morning we are seeing a gap down in the 10-year yield, breaking below 1.9% and approaching the late-February low of 1.84%. Since Mid-March the Treasury yield has been sliding lower, all while equities threaten to hit new highs. With this morning’s gap we see yield breaking below a rising trend line which helped create a small symmetrical triangle.
Go read the rest here: What the 10-Year Yield is Telling Us (TraderPlanet)
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