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

| September 15, 2017

The strong advance this week has caused both intermediate-term cycle oscillators to experience bullish crossovers and a bullish engulf pattern has formed on the weekly chart. A weekly close above 2.18% today would generate a cycle low signal and indicate that the intermediate-term cycle low (ITCL) of the current cycle likely formed during the week ending September 8.

The magnitude and duration of the current decline phase reconfirms the current bearish translation and favors additional intermediate-term weakness.

Category: Signals, Treasuries


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