10 & 30 Yr UST Prices Continue to Battle Long-Term Resistance; Analog to Japan Suggests Days of Yield Declines Near an End
The first charts below include 10 and 30 Yr UST prices. With their strong recent performance, both securities are battling long-term channel resistance dating back 27 years. Historically, per the red shades, this resistance has resulted in periods of declining…
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