If The Shoe FITZ | R.J. O’Brien

Are We There Yet?

Written by Tom Fitzpatrick | October 08, 2024

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