US Interest Rates: Making the Improbable Today's Reality :: The Market Oracle ::
I see an opportunity today. You would think that the higher interest rate guidance would have created a bump higher in the $TNX (Ten-Year Note Yield). However, wouldn’t that make too much sense? The more trading experience I have gotten over the last two decades, the clearer it is, that logic doesn’t always work - unless you are early enough. If you have been following along, you know that yesterday, I discussed the S&P Banking sector, namely KBE, as we wait for a pullback to some key technical levels. It got me thinking: the Ten-Year Note yield should be very similar to...
Source: marketoracle.co.uk