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The US 10 yr bond yield so I rise as much as 2.849% at its peak at this time. The transfer to the yield simply above its 100 day shifting common at 2.844%. Nonetheless momentum increased rapidly reversed, and the transfer to the draw back has been regular. The low yield simply reached 2.706%. The present yield is at 2.728%. Yesterday the yield closed at 2.750%.
So sellers in yield (consumers of bonds) snatched victory from the jaws of defeat at the very least on the day.
/inflation
This text was written by Greg Michalowski at www.forexlive.com.
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