A timely update to the US10Y Yield chart as we breakout with November highs in scope. We will not be covering US fundamentals here today and instead will focus on key technicals in play.
For the flows in our map for today and the rest of 2019 we have the key levels in play (highly recommend adding all to charts):
Steel Support => 1.65 Strong Support => 1.70 Soft Support => 1.78
For those wanting to dig deeper into what and why we are trading these lows, it is the same swing as widely discussed in October:
Best of luck all those in Fixed Income and in particular US Yields for the final months in 2019...a difficult environment to say the least. Highly recommend all to dig deeper into the macro picture built on Telegram and in the previous chart archives.
Thanks for keeping your support coming with likes, comments and etc!