While RSI 14 reach above 70, US10Y formed a lower low compare to when the last time RSI 14 were above 70 (Apr'24). They say this is a hidden Divergence, a Bearish one.
I predict the Yield will fall to 3.6% but still within the Bullish Continuation pattern in the medium to long term. Meaning that the strengthening price of US Bond is temporary before they fall and push the yield higher to the level of Global Financial Crisis in 2008.
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