Whipsaw Action With The 10yr Yield.

From Greg M

Lions and friends, the price action of the 10yr yield has been shocking! Recently it was over 2%, then just yesterday is plunged to 1.68%- massive safety trade and that hit financial stocks/banks. Today the 10yr yield is rising, most recently it was 1.82%

In my opinion looking at the current environment, the sweet spot for the 10yr yield is just over 2%, and I do believe that we will get there. Also in my opinion, the stock market will respond favorably to a just over 2% yield on the 10yr.

The current MMRI is 110, and this shows low/moderate risk. To see the MMRI in real time, click here: https://traderschoice.net/about-traders-choice/

GM