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.
Here is the current version of that chart.
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