10-Year U.S. Treasury Yields Decline: What’s Next?

The yield of the 10-year U.S. Treasury Bond broke the uptrend, tested it, and dropped. Now, it is testing the level of 4.313% and trying to break it through. Also, should the asset break this level, its yield might dive even deeper and gain the required support at the level of 3.785%. The rate of this asset usually goes up when its yield is heading down, and vice versa. So, let’s observe what might happen next.

The price of Bitcoin has tested the flat downtrend. It might potentially target the local uptrend next. After that, it could try to test and break through this uptrend, rebound at the crossing point of the downtrend and broken uptrend, and drop. The bulls are trying to seize the bearish initiative now, but to no avail. So, it would be wise to observe the next price movement of this asset to forecast the upcoming sentiment.

Amazon’s stock price remains in the range, although it might head north soon. Should the asset’s price enter the resistance area formed between levels 191.70 and 189.77, it might undergo a long-term correction and drop. Time will tell what is going to happen next.

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