The yield of the benchmark 10-Year Treasury Note met our 1.94% to 1.98% initial upside target today, first mentioned in our October 13th report entitled Long Term US Rates At Major Inflection Point (access requires subscription), to capture a 23 basis point rise in a little less than a month.

US 10-Year Yields are currently trading at 2.05%.

Here is the chart from our October 13th report.

Chart 1 of our October 13th report
Chart 1 of our October 13th report

Here is the current version of that chart.

Chart 2
The Yield of The US 10-Year Treasury Note daily as of November 9th

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