Technicals - US 10 year bond yields - a trend change has occurred

Angela Mangan

QMG Pty Ltd

During last week QMG clients were alerted to the potential existing for a trend change / upside technical break in US 10 year bond yields - a close above 1.57% was required. The increase in yields on Friday night resulted in it closing at 1.59%, thereby generating an upward reversal / closing above key resistance. As a result, a trend change has now occurred in US 10 year bond yields. The expectation from a technical perspective is for a further increase to occur in bond yields. Major subsequent resistance / the minimum upside technical target is located at 1.75%.


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Angela Mangan
Angela Mangan
Technical Analyst
QMG Pty Ltd

Angela has over 30 years experience in the technical analysis field. She provides technical analysis coverage of major Australian and global stocks / key markets, including provision of a bespoke technical service to wholesale clients.

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