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US 10 year yield bounces off floor support
As the Chair Powell testimony continues, the US 10 year yield moved down to test a floor level going back to February (see hourly chart above). That floor comes near 3.90%. The low today reached 3.899%.
The yield has moved higher and trades back at 3.952%. The 200 hour MA at 3.964% and the 100 hour MA at 3.984% are the next targets. Move above and th... Read More
Posted: Mar 8 2023, 17:31
Author Name: forexlive
Views: 102832