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The rally in Silver prices has been fast and furious, producing a steep up-trend in the Silver ETF and Silver Futures charts.
A similar rally can be seen in treasury bond yields, specifically the 10-Year Treasury Bond Yield
In fact, treasury bond yields and silver futures peaked together back in 2016 and bottomed together in 2018.
Looking at the chart, could Silver & Yields be peaking again at the same time?
Note that both silver and the 10-year bond yield are nearing the same levels they both peaked at in 2016.
Keep a close eye on this combo, as a key reversal point could be in play for each.
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