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US 10 year Notes

14 Jan 2021 ‚óŹ 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.

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