Our mission is to help you obtain financial freedom. Checkout Our Youtube Channel Checkout Our Youtube Channel
Blog

10 Year Bond Yields Likely to Drop to 3.60%

Written By: ChartChamp

August 19, 2024

10 year bond yields have dropped below a key support level at the yellow trendline. Bond yields have been neutral and trading sideways, but I think there could be a drop down to 3.60%. The bearish sentiment in bond yields is bullish for financial markets. Bond prices and stocks are likely to see some upside as bond yields trend down. However, if bond yields rebound at 3.60% then bond prices and US stocks could start to trend back down. This will be important to monitor as stocks continue to trade near all time highs.

Follow me on social media: https://linktr.ee/realchartchamp

0 Comments
Inline Feedbacks
View all comments

More ClearValue Insights

Default Thumbnail

DXY Has Rallied Since Sept 30

The U.S. Dollar Index has experienced a strong rally since bottoming out around $100. A strong DXY is usually bearish for financial markets so the stock market should not be showing so much strength while the DXY is rallying. DXY’s rally could also be one of the factors for crypto’s selloff. I think DXY is […]

Read More
Default Thumbnail

TMF At Risk of Further Decline

TMF has held strong throughout August and September, but is starting to show some weakness in October. I have $54.72 and $47.50 as two key support levels to monitor. TMF is also trading near local support around $56, I would monitor to see if the $56 and $54.72 support levels hold for now. Follow me […]

Read More
Default Thumbnail

U.S. Economy Still Experiencing Quantitative Easing

There is a misconception that the U.S. economy has been tightening. The reality is we have experienced QE through excessive government spending and liquidity injections from the US treasury. Data shows our economy is as loose as it was during the 2021 meme stock rally. As the Fed continues to cut rates conditions could become […]

Read More
Default Thumbnail

DXY Has Rallied Since Sept 30

The U.S. Dollar Index has experienced a strong rally since bottoming out around $100. A strong DXY is usually bearish for financial markets so the stock market should not be showing so much strength while the DXY is rallying. DXY’s rally could also be one of the factors for crypto’s selloff. I think DXY is […]

Read More
Default Thumbnail

TMF At Risk of Further Decline

TMF has held strong throughout August and September, but is starting to show some weakness in October. I have $54.72 and $47.50 as two key support levels to monitor. TMF is also trading near local support around $56, I would monitor to see if the $56 and $54.72 support levels hold for now. Follow me […]

Read More
Default Thumbnail

U.S. Economy Still Experiencing Quantitative Easing

There is a misconception that the U.S. economy has been tightening. The reality is we have experienced QE through excessive government spending and liquidity injections from the US treasury. Data shows our economy is as loose as it was during the 2021 meme stock rally. As the Fed continues to cut rates conditions could become […]

Read More