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Jim Wyckoff

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U.S. Treasury yields on the rise

November 10, 2020 by Jim Wyckoff

HTML clipboard See on the daily chart for December U.S. Treasury 10-year note futures that prices have sold off sharply just recently (rising yields), and took a big downside hit Monday on the upbeat news of a successful Covid-19 vaccine. Rising bond yields (lower futures prices) suggest there is optimism for a recovery U.S. and global economy sooner now that a vaccine will likely be available in the coming months. One caveat: Rising bond yields could be a precursor to rising inflation in the coming months. Stay tuned!– Jim

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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