SpyMasterTrades on Nostr: The 10-year U.S. #Treasury bond yield is looking poised to close its 6-month ...
The 10-year U.S. #Treasury bond yield is looking poised to close its 6-month candlestick with a gravestone doji.
This bearish candlestick formation suggests that yields will fall in 2024.
However, since long-term resistance is flipping to support, Treasury yields may resurge in the years ahead as inflation also resurges. The coming recession is likely to be stagflationary.
Published at
2023-12-21 16:38:59Event JSON
{
"id": "6a7f2093a2f8ed5f3f0800542d4bbd2b2602e21fd36392e11866f8af1543fe57",
"pubkey": "2544cfcb89d7c2f8d3a31ea2ed386ac5189a18f484672436580eec215f9b039c",
"created_at": 1703176739,
"kind": 1,
"tags": [
[
"t",
"Treasury"
]
],
"content": "The 10-year U.S. #Treasury bond yield is looking poised to close its 6-month candlestick with a gravestone doji. \n\nThis bearish candlestick formation suggests that yields will fall in 2024. \n\nHowever, since long-term resistance is flipping to support, Treasury yields may resurge in the years ahead as inflation also resurges. The coming recession is likely to be stagflationary. https://m.primal.net/HUnh.png",
"sig": "09f3457bc9213a9bf1c040c10a6a150735dfab161e63e77917c7dafd841a2114f688688a58db2e58f3f28dd06d69f4fd33d35108cfc2ecfa4c81088f69176dd0"
}
