Miner Company
Surging Oil Prices May Finally Break The Bond Market
Surging oil prices have reignited upward momentum in long-end Treasury rates, threatening multi-year trading range breakouts. The 10-year yield approaches a critical 4.5%-4.6% resistance; a breakout could target cycle highs near 5%.
Surging oil prices have reignited upward momentum in long-end Treasury rates, threatening multi-year trading range breakouts. The 10-year yield approaches a critical 4.5%-4.6% resistance; a breakout could target cycle highs near 5%.