U.S. 10-Year Treasury Yields At Crossroads
Candy Matheson | Dec 22, 2021 12:15AM ET
The US 10-year Treasury is sitting at a major price crossroads level, as shown on the following monthly chart.
The tightening triangle formation on the Balance of Power, shown in histogram format, is indicating that price will break out of its current tight consolidation at some point in the near future.
Keep an eye on the BOP for clues on direction, strength and sustainability of such a breakout.
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