10-Year Treasury Yield Weekly Chart
- Classic head and shoulders pattern on the 10-year yield setting up just below the declining 200 week EMA and the declining trend line. This is pretty bearish for the 10-year yield.
- I suspect we will see a fall here in the next month or so. Goes pretty well with what I suspect to be another bout of deflation here in the United States in the later half of the year after QE II ends in June.