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Treasury Yield Forms Massive Potential Base Pattern

The recent surge in the 10 year yield has reconfirmed the uptrend that began off the February low. The top of an 8 month wide reverse head and shoulders pattern that could be the base for a big move higher is at 2.40.

Meanwhile the US dollar continues to consolidate.

This report covers the outlook for Treasuries and the Dollar.

Fed Money and Liquidity Pro subscribers (Professional Edition), click here to download complete report in pdf format.

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