. US 10 yr. T-BOND Technical Analysis - 16 November 2022

US 10 yr. T-BOND Technical Analysis – 16 November 2022

16 Nov 2022

The 10 Year Treasury Rate is the yield received for investing in a US government issued treasury security that has a maturity of 10 year. The 10-year treasury yield is included on the longer end of the yield curve. Many analysts will use the 10-year yield as the “risk free” rate when valuing the markets or an individual security. Historically, the 10 Year treasury rate reached 15.84% in 1981 as the Fed raised benchmark rates to contain inflation.

US 10 yr. T-BOND Price Technical Analysis: Weekly Chart

In the weekly chart, US 10 yr. T-Bond is trading  down channel. It is trading below all SMA.

RSI is in selling zone which indicates bearishness,

Its immediate support is at 109.45, and resistance is at 112.40.

It will continue to trade in down channel until there is trend reversal.

US 10 yr. T-Bond Price Technical Analysis: Daily Chart

In daily charts, US 10 yr. T-Bond is started moving up my making double bottom and breaking it. It is currently trading above all the MA.

RSI is in buying Zone which indicates bullishness.

Its immediate support is at 112.23 and resistance is at 112.93.

In daily chart it will trade upside if it holds itself or until any reversal.