Chart: US 10-year note yields
Posted by Kathryn Rubin on November 19, 2009
Again, we note that US Dollar 10-year note yields are trading up against important support after having traded in a very constricted range for months. No even risk suggests a dramatic move here, but certainly an interesting level to watch as an indicator on overall risk appetite if yields are able to drop through this level (this suggests more concern than we are seeing in other asset markets like stocks and commodities at the present time). This is especially important, as always, for JPY crosses.
