10 year US bond yields have broken through key resistance confirming a large double bottom reversal pattern, according to David Sneddon and James Gilbert at Credit Suisse in London.
The US 10-year yield is testing key resistance between 3.00 and 3.05, according to George Davis, Chief FIC Technical Analyst at RBC Capital Markets.
While a move to 4% for US Treasury Yields looks likely this would not necessarily mean an interest rate low would be in place, according to Ron William and Robin Griffiths, strategists at RW Advisory.
A major inflection point is approaching for US yields, according to Peter Lee, Chief Technical Strategist at UBS in New York.
US yields have completed a correction and should now rally towards 3.05%, according to Tony Sycamore, Director of Australia-based TECHFX TRADERS.
The current rally in the US 10 Year Yield is unlikely to overcome its long-term downtrend, says Andy Dodd, Head of Technical Research at Louis Capital Markets.
The 30-year US Treasury bond may be approaching a major inflection point, according to Peter Lee at UBS Wealth Management Research.
The move up for the 10-year Gilt yield may stall at 1.54 though it should eventually break this level within the next few months, according to George Davis, Chief FIC Technical Analyst at RBC Capital Markets.
US 10-year yields are testing a long-term descending channel top, according to George Davis, Chief FIC Technical Analyst at RBC Capital Markets.
Tim Hayes, Chief Global Strategist at Ned Davis Research Group, addresses the question of when will rising interest rates threaten equities.