US 10 year Notes
14 Jan 2021 ● 07:05 AM
The short-term bounce back in the US 10 year bond prices after the recent decline looks likely in wave II of 3. Note wave 1 was a leading diagonal, followed by wave 2 which was mostly sideways. Wave 3 may now subdivide into 5 waves before it is complete and involves eventually rising yields in the coming months.