US 10 year yield runs up to 100 day and comes back down. Now negative on the day

Aug 4, 2022
US 10 year yield runs up to 100 day and comes back down. Now negative on the day

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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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