If The Shoe FITZ

Are We There Yet?

The US 30-year yield has risen to very good levels of resistance between 4.31% and 4.37%- an area that could be difficult to overcome as we move into very oversold territory (price).
IF we are going to see this move lose steam like we did in 2007 then this looks to be a good area to focus on.
IF we break through this range, then an extended move towards 4.55% would be a danger

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Tom Fitzpatrick

Tom Fitzpatrick

Tom Fitzpatrick, now the Managing Director of Global Market Insights at R.J. O'Brien, offers an impressive background. Originating from Ireland, his journey began at Chase Bank of Ireland, evolving through pivotal roles in foreign exchange (FX) at HSBC and Nedbank. His expertise expanded at Citibank in various global positions, culminating as Managing Director and Global Head of the CitiFXTechnicals product, delivering award-winning analysis across multiple asset classes.
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