US 10-year yields break higher as Copper, Russell 2000 and Bitcoin face key technical levels. See the latest market forecast and price outlook.
The US 10-year yield is rising yet again in early trading, and we have now broken out of that range we have been in for a month. This could be a major story soon. It’s getting to the point where the 10-year yield could reach 5%. Right now, we’re at 4.788% and showing no real signs of slowing down, as this is also a nonfarm payroll week. Keep that in mind.