US 10Y TREASURY: the Jackson Hole effectDuring the week markets were moving in a mixed mode, however, Friday brought the change, after the Fed Chair Powell's speech at Jackson Hole Symposium. The significant market reaction occurred when Chair Powell noted the possibility of further monetary policy easing in the coming period, implying a possible rate cut. Market is estimating, currently with 83% odds, that the next rate cut might occur at September's FOMC meeting. The 10Y US benchmark yields were moving around the level of 4,3% durin
Government bonds
Powell Delivers at Jackson Hole - NVDA and PCE Up NextNearly a 200% ATR move today in the S&P
SPY didn't close beyond all-time highs
QQQ didn't close beyond all-time highs
DIA did close above all-time highs
IWM continues its strong rally for August
I'm noticing some serious rotation into small cap, mid cap, and seeing the markets allocate
outside of Mag7, Tech, and AI
Powell all but guaranteed a September rate cut and the market loved it - yet prices aren't necessarily higher (yet). I still think the Aug-Oct window is ripe for a small correction
Tariffs Effect on InflationIn April, inflation was at its lowest point. It was also the month when the 'Liberation Day' tariffs were introduced, applying a 10% baseline tariff to most countries.
But it wasn’t until August—when the July Core CPI rose to 3.1% from its April low of 2.8%— and now investors began to question whether inflation will be trending higher in the near future with now higher tariffs set in after 1st August.
10 Year Yield Futures
Ticker: 10Y
Minimum fluctuation:
0.001 Index points (1/10th basis point
US 10Y TREASURY: yields rise on mixed signalsPosted US macro data during the previous week show resilience of the US economy on pressures coming from implemented trade tariffs. The July inflation stood at 0,2% for the month, in line with market expectations. The ability of the US economy to absorb inflationary pressures is increasing expectations among investors that the Fed might cut interest rates in September. However, on the opposite side, July retail sales at 0,5% m/m came higher from market estimate. At the same time, University of M
UST 10Y Technical Outlook for the week Aug 18-22 (updated daily)UST 10Y Technical Outlook for the week Aug 18-22 (updated daily)
Overnight
The yield on the 10-year US Treasury note stabilized at approximately 4.3% on Friday, following a rebound from 4.2% in the prior session, driven by economic data that tempered expectations for aggressive Federal Reserve rate cuts. Strong July retail sales growth, both in headline and control group figures, alongside an unexpected surge in import prices—the largest in 15 months despite new tariffs—fueled concerns about per
10yr yield rangesSupport Zones (Bounce Potential):
First Support: Around 4.16% (the lower boundary of the channel and the 0.786 Fib level). If yields drop toward here, watch for a reaction or bounce.
Major Support: Near 3.96% (1.618 Fibonacci extension)—historically, such extensions offer strong bounce candidates if tested.
Resistance Zones (pullback potential):
Immediate Resistance: 4.42%–4.45% (upper channel and multiple EMA clusters). This is the first hurdle for upward moves.
Previous Top Target: Yields
US 10Y TREASURY: a bit of correction Two weeks ago U.S. Treasury yields were under a strong impact of weaker-than-expected non-farm payrolls data. The market reacted with a strong move toward the level of 4,2%. However, during the previous week some corrections in the level of yields occurred, as expected. The market digested the data and moved yields toward the 4,3%. The 10Y yields are ending the week at 4,28%.
The week ahead is also going to be an interesting one from the perspective of data. The inflation rate for July and the
UST 10Y Technical Outlook for the week Aug 11-15 (updated daily)UST 10Y Technical Outlook for the week Aug 11-15 (updated daily)
Overnight
The yield on the US 10-year Treasury note climbed to 4.27% on Friday, marking a fourth consecutive session of increases from a three-month low earlier in the week. This uptick follows market reactions to proposed tariffs on gold bars, President Trump’s nomination of Stephen Miran to the Federal Reserve’s Board of Governors, and concerns over potential politicization of the Fed. Weak economic indicators, including a lacklu
US 10-year yield threatening to breach key supportAfter Friday’s US jobs report, US Treasury yields fell across the curve. This caused the benchmark 10-year yield to retest the area below the 6M resistance level at 4.417% and settle at the 3M support from 4.211%. The mentioned support level has acted as a familiar floor since May this year. Therefore, a rejection of this base could refocus attention on 4.417% as an upside target, while a breakout might open the possibility for price to decline towards a 1Y support at 4.038%.
Written by the FP
US 10Y TREASURY: NFP sank yields Although the previous week was full of important US macroeconomic data, including the FOMC meeting, still the weaker than expected NFP data impacted significantly the US Treasuries market. The 10Y US benchmark yields were holding around the 4,3% level during the week, however, weak NFP data pushed yields strongly to the downside, closing the week at the level of 4,22%. The support line at 4,2% was also tested at Friday's trading session. As per current sentiment, investors are now anticipating t
US10Y Technical Analysis & Mortgage Rate Outlook Weekly. Aug. 4US10Y Technical Analysis & Mortgage Rate Outlook
(Based on Weekly Chart & Current Economic Context)
Technical View (Weekly Timeframe)
The US10Y yield is sitting around 4.21%, in the middle of a wide consolidation range that’s been developing since late 2023. This range is bounded by strong resistance near 4.62%–4.80% (purple supply zone) and support near 3.86%–4.00%.
* Trend Structure:
* We are still in a macro uptrend from the 2020 lows, but recent action has been sideways-to-lower since l
UST 10Y Technical Outlook for the week Aug 4-8 updated dailyUS Treasury 10Y Technical Outlook for the week Aug 4-8 (updated daily)
Overnight
The yield on the US 10-year Treasury note dropped sharply by nearly 20 basis points to 4.25% on Friday, hitting a three-month low, driven by revised labor market data indicating significant weakness. Nonfarm payrolls for July increased by only 73,000, far below the expected 110,000, with prior data revised downward by 258,000 jobs for the previous two months. These figures highlighted the adverse effects of tariff t
US10YTHE non farm employment data report has given us a reason to sell of US10Y.the lower than forecast of 73K was a big shock ,the slower job growth reflects caution amongst employers amid uncertainties related to tariff, trade and immigration policies. Wages grew with average hourly earnings increasing about 0.3% month over month. overall, the labor market shows signs of cooling but remains fundamentally resilient with payroll gains still keeping pace with working age population growth.
the US10Y
US10Y1. Labor Market Data
Average Hourly Earnings m/m:
Actual: 0.3%
Forecast: 0.3%
Previous: 0.2%
Interpretation: In-line with forecast and slightly above the prior period, indicating stable wage growth. This suggests inflationary pressures from labor costs remain steady, not accelerating unexpectedly.
Non-Farm Employment Change:
Actual: 73,000
Forecast: 106,000
Previous: 14,000
Interpretation: A clear downside surprise; job gains are well below expectations, and while up from a low previous period,
US Treasury 10Y Technical Outlook for the week July 28-Aug 1 US Treasury 10Y Technical Outlook for the week July 28-Aug 1 (updated daily)
Overnight
Overnight, U.S. Treasury yields reversed their upward trend and traded lower as investors awaited key developments from the Federal Reserve’s upcoming policy meeting and ongoing U.S.-China trade talks. The benchmark 10-year Treasury note yield fell to 4.35%, a decrease of 2 basis points, while the 30-year bond yield dropped to 4.92%, down 3 basis points. This shift followed a period of elevated yields driven
U.S. homebuilders tumble as rate cut bets decrease after Powell'** Shares of U.S. homebuilders slide on Weds after Fed chair Powell says no decision yet on rate cuts
** Markets now pointing to odds dropping below 50% that the Fed will cut rates at its next meeting in Sept, as benchmark U.S. 10-year yield
US10Y
extends rise
** Rising yields can potentially lead to higher mortgage rates, which could negatively impact homebuilders by making homes less affordable for consumers
** PHLX Housing Index
HGX
dropping >2% on the session
** Among biggest HGX fal























