Sujay_fi

$US10Y trading above the downward trendline

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TVC:US10Y   美國政府債券10年期收益
US10Y Even though most of the macro indicators (alongside the recent CPI data) indicate lower yields forward, the downward trendline from Oct 2022 highs broke out in June 2023, with a successful retest pattern couple of days ago. So, as long the yields stay above the trendline, we could see them rising higher over the coming months.

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