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Forecast came false

The 10-Year Treasury Yield Will Close Above 2% By The End Of September

After bottoming out long ago around 1.43%, the 10-year Treasury yield is now all the way up to 1.86%. The ever-popular reason "trade optimism" along with some better than expected economic data has investors back in a risk-taking mood. Traders are unwinding their safe haven trades.

This could just be a normal pullback following an extremely overbought rally or it could be a broader change in market sentiment (I'm leaning towards the former). Is a 2% yield back in the cards for the 10-year and will it finish the month above that key level?

Agree = The 10-year Treasury yield will be above 2% at the market close on September 30th.

Disagree = The 10-year yield will be under 2% on this date.

Comment down below with your reasoning!

The 10-Year Treasury Yield Will Close Above 2% By The End Of September

Agreed
64 people
Disagreed
12 people

Forecast came false

Nope! It got slightly above the 1.9% level at one point but almost just as quickly came back down to its current 1.6-1.7% range.

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