Bear market rally roars!

Friday 11 November 2022

US 10 year – and it is gone…

The steep trend line since August is being violated today. First bigger level is at 3.8%, right where the 50 day comes in. 100 day is way lower, at 3.4% ish. That only shows you how much yields have risen over past months.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.