US 2-year yield: Former resistance offering support
The yield found support at 1.28% (former channel resistance) yesterday and has staged a rebound to 1.33%.
The major averages - 50-DMA, 100-DMA and 200-MA are all sloping upwards and nicely aligned (one below the other) suggesting the long-run view remains bullish.
The major averages - 50-DMA, 100-DMA and 200-MA are all sloping upwards and nicely aligned (one below the other) suggesting the long-run view remains bullish.
