Markets The US 30-yr yield today broke key resistance at 5.15%/5.17% (respective tops of 2025 and 2023) to currently trade at the highest level since 2007. The 5.5% area is the next technical reference on the chart. It’s where the top levels of 2003, 2004 and 2007 all collide. The US 10-yr yield moves past […] The post Sunset Market Commentary appeared first on ActionForex.

Markets The ‘highest since narrative’ that recently haunted the long end of bond curves in multiple countries yesterday culminated in the US 30-y yield breaking beyond the 5.15%/5.17% 2025/2023 peak levels. The tenor reached the highest level since 2007. Markets reposition as supply disruptions of oil and other commodities/products might cause inflation to stay higher […] The post Sunrise Market Commentary appeared first on ActionForex.