10-Year Note Yield Target

The 10-year U.S. Treasury Note yield is on the move lately. In the near term, yields are a bit stretched and overbought, but ultimately they are headed a lot higher. My overall projection brings the 10-year note to around the 2.60 to 2.80% level. As far as higher yields affecting stock prices negatively, that is the story of the day right now.

Remember, lower rates usually mean higher valuation. Ultimately, all correlations break apart and I’m never smart enough to figure out the story. This is why I use charts as my primary trading method.    

(Click on image to enlarge)

Disclaimer: All comments made by InTheMoneyStocks, LLC and its subsidiaries, instructors, and representatives are for educational and informational purposes only and should not be construed as ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.