USD/CAD, Platinum and CAC 40 Forecasts – Falling Yields and Oil Shift Risk Appetite

10-Year Yield Technical Analysis

The US 10-year yield has gapped lower, and as a result, more of a risk-on appetite situation has occurred around the world, but let’s not get ahead of ourselves. This is about the 40th time this has happened in the last couple of months, or at least feels like it. The idea that Iran and the United States are not launching missiles at each other in the moment is nice, but it’s not a conclusion to what’s rapidly looking more like a forever problem. So, at this point in time, I would assume that there will be headlines out there that could turn this right back around. So, with that in mind, the 10-year yield is something that I watch very closely.