Potential Short-term Signal: 10-year Treasury Note Yield Cycle Analysis

| April 8, 2013

A cycle low setup occurred today, indicating that the overdue alpha low (AL) likely formed during the previous session. A close above current levels during the next session would generate a cycle low signal and confirm that the rally phase of the current cycle is in progress.

The move below the previous AL near 1.84% during the decline phase of the current cycle reconfirms the current bearish translation and favors additional short-term weakness.

Category: Signals, Treasuries


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