50DMA Support Held, Bounce in Bonds Over?

23 Nis 2021

The US10Y yield has seen persistent support at the 50DMA since August 2020. Let's see if the 21 day EMA converges with the 50 potentially reversing the recent rise in yields, or if we see a strong bounce off the 50DMA, and continue toward the 2% level, putting pressure on growth oriented equities.