US 30 Year Treasury Yield Update

It is normal that the recent rise is slowing as previous highs are tested but do think we should at least see the channel tested on the monthly chart, around 3.27%, or the first fib extension up at 3.35% is tested before much of a retrace.

US Treasury 30 year yield (TYX) 2017-07-01

Over the last two weeks the yield made a brief poke under the .382 retrace of the advance from a year ago and recovered it this week. I continue to think yields rise though it does have to break...

US Treasury 30 year yield (TYX) 2017-06-11

Since we have the FOMC later this week, this seems an appropriate time to post these charts. Net, they are sitting on support and have a shot at testing 29.93 quickly with more after that. If they...