US 10s2s Yield Curve Challenges Descending Trendline, Analysts Monitor Bear Steepener Breakout Potential
The US yield curve, specifically the 10s2s, is showing signs of challenging a descending trendline, potentially leading to a breakout and deinversion. Market analysts are observing the yield curve with caution, noting the possibility of a bear steepener and a significant upside potential if a breakout occurs. Technical levels indicate a looming breakout in the US yield curve steepener trade.
Sources
Otavio (Tavi) Costa
For those who appreciate key technical levels: The US yield curve steepener trade is on the verge of a significant breakout, and if it comes to fruition, I see considerable potential for upside. To put this into historical perspective: While the spread between 2 vs 30-year… https://t.co/iehjbnNoCM
Michael J. Kramer The 10-year is really close to seeing a big move higher at this point. https://t.co/EWubbtFU98
𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐇𝐲𝐩𝐞 Yield curve has that dangerous look of breaking out with a continued bear steepener. https://t.co/SZRBlPyCuj