US 10-year yields near the 2016 low as fear takes over

Technical Analysis

Author: Adam Button | us

It's ugly now

It's ugly now
US 10-year yields are crumbling as the market flocks to safety. US 10-year yields are down 11 basis points to 1.36%.

The recent range broke on Friday and the 2019 low broke today. The 2016 low is 1.318%.

The bond market is looking like all the fear in the last month is right and that means that even with the big drop in stocks today, there is a long way to go.

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