Bond alert: higher Treassury yields ahead!
The chart below shows that the yield on the 10-year US Treasury note is set to rise
Charts are not infallible, but this one tells us that there is a high degree of inevitability that the yield on the 10-year US Treasury Note is set to rise. Recently, the yield tested the golden cross formed by the 55-day and 200-day moving averages and has subsequently moved higher. The longer-term four decades chart puts this in another worrying perspective:
