Are yields about to spike again?
Yields saw a massive turn to the upside after the latest job report number coming in red hot.
Showing the US labor force is a juggernaut.
If we see this Bullish consolidation break to the upside this implies interest rates are going much higher.
If this pattern comes to fruition and fulfills it upside targets, this would also imply the likely catalyst that could spike yields even more could be a hot CPI number or additional Labor data.
Showing the US labor force is a juggernaut.
If we see this Bullish consolidation break to the upside this implies interest rates are going much higher.
If this pattern comes to fruition and fulfills it upside targets, this would also imply the likely catalyst that could spike yields even more could be a hot CPI number or additional Labor data.
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