10-Year Yield Channel Break

The 10-year yield broke out of its channel this week. The current channel range of 2.47 to 3.03 has been in place for 341 days. This week saw three closes below the 2.47 lower limit. Time will tell if this signals a change, but a few economists I follow have been making calls for lower yields in the short-term.

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Author: dmcnic

Educated as an economist, I now work as an Analytical Professional for a manufacturing firm. I have have a second job as a part-time lecturer at the University of Washington in Bothell. While all baseball interests me, the Mariners are my home town team. Married with one dog.

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