Researchers at UOB Group give their views on the potential move in the key US 10-year note. Key Quotes “Market reaction post FOMC has been in line with historical precedents, with UST yields falling and the curve flattening. The correction comes after a month of almost persistently higher yields and has lifted the daily RSI on 10Y UST from its oversold extremes”. “Looking ahead, it is premature to call an end to a possible test of this year’s high yield of 3.12% in the 10Y UST while the trend line from August remains in effect”. “After considering the latest FOMC, our forecast for 10Y UST remains for modestly higher yields in the next four quarters and for the yield curve to remain flat until we get closer to the peak of this current FED tightening cycle”. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/GBP Technical Analysis: Set-up points to an extension of the declining trend FX Street 4 years Researchers at UOB Group give their views on the potential move in the key US 10-year note. Key Quotes "Market reaction post FOMC has been in line with historical precedents, with UST yields falling and the curve flattening. The correction comes after a month of almost persistently higher yields and has lifted the daily RSI on 10Y UST from its oversold extremes". "Looking ahead, it is premature to call an end to a possible test of this year's high yield of 3.12% in the 10Y UST while the trend line from August remains in effect". "After considering the latest FOMC,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
