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US 10 year yield cracks below its 100 day moving average

US 10 year yield cracks below its 100 day moving average

The US 10 year yield has fallen to a low of 3.408% today is currently trading at 3.448%. The move to the downside was strong enough to take the yield back below its 100 day moving average of 3.494%. The last time the yield traded below the 100 day moving averages back on August 19.

The move to the downside also fell below the swing high yields going back to June at 3.495%. On September 20, the yield moved above that level and based against it on September 21 before starting the climb t... Read More

Posted: Dec 7 2022, 17:35
Author Name: forexlive
Views: 111531

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