10-Year US Yield Technical Analysis
The 10-Year US yield has dropped a bit early during the trading session, but it remains very elevated. So, despite the fact that there’s a lot of sudden narrative about the US dollar falling apart, something’s going on, and this eventually comes back into focus. And therefore, I’ll watch this. But in the short term, say the next 24 hours, we might have a situation where the US dollar pays attention to this, maybe softens a bit. We’ll just have to wait and see. It has a certain knock-on effect on other markets as well. So as the rates drop, that can bring in more risk appetite.
