US 10-year yields inch closer to 1%
Read full post at forexlive.com
That’s the line in the sand in the bond market
After the US election, yields rose as high as 0.973% before falling back. Now they’ve risen to 0.95% in large part due to US stimulus talk. I think we need to get a deal to break it.
If we get that kind of stimulus, I don’t see more than a one-day round of worries on a break.