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US Yields Reach An Inflection Point

From synergyfx.com

Synergy FX Forex Market News Over the last six months, US 10-year Treasury yields pushed against3.0%three times before finally piercing that key level on April 25th, and then trading lower. The benchmark 10-yr yieldsbroke convincingly above 3.0% earlier this week and posted a 7-year high of 3.12% in early NY trade yesterday. A commontopicamongmarket commentators has been how sharplyrising USinterest rateswould impact other financial markets including equities, precious metals and Forex prices. With respect to US equities, it’s been widely accepted thatthe inflection point would be when the 10-yr yield surpassed the ... (full story)

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  • Category: Fundamental Analysis