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2 year yield moves back above 100 day MA
The 2 year yield moved higher on Friday and tested the underside of the 100 day MA (blue line in the chart above).
Today, the yield moved above that MA line and has extended higher. The low today came in at 4.325%. The 100 day MA is at 4.329%. The high reached 4.466%. The current yield is at 4.447%.
Getting and staying above the 100 day MA tilts the yield bias back to the upside for that part of the yield curve.
Although higher, the two year yield remains 44 basis points... Read More
Posted: Feb 6 2023, 19:42
Author Name: forexlive
Views: 110774