US 10-Year Yield Finds Support into 2.47%...Keeping an Eye on 100-day SMA

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Technically, the US 10-year yield is approaching the key 2.63% level, which sees the 100-day sma as well as trendline resistance drawn from 2013's yield high. Interestingly, daily RSI has already broken above corresponding trendline resistance in advance to price – Thus, a bullish indication. Should 2.63% break next week,



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