If The Shoe FITZ | R.J. O’Brien

Coiled Spring On 30-year yield

Written by Tom Fitzpatrick | July 18, 2024
The present setup on the US 30-year yield suggests that IF we decisively break 4.33% to 4.38% supports, we could move rapidly to the downside with targets (Head and shoulders) possibly as far as 3.65%
 
Interim supports would be 4.19%, 4.06% and 3.94%