US10Y Possibly Bullish Break Out 5-7.5% Target

Bullish flag with easy 5% Target if monthy breaks above the resistance line forming a pole of bullish flag...



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Kommentar:

once it is above 5.2%, and mortgage 30y rates above 7% for over 6+ months, Fed would have to back off (at least temporary), and load up the tanking boat (Balance sheet that is taking severe losses) to make it even worse.

Kommentar:

Homesellers are locked in 3s mortgages, homebuyers cant afford 7%. Banks (mostly regionals) are strong "bye bye"