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The Tell: This is the technical reason why the 10-year Treasury rate has a chance of getting back to around 1.4%

The Tell: This is the technical reason why the 10-year Treasury rate has a chance of getting back to around 1.4%

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Monday’s U.S. government-bond rally, which briefly sent the benchmark rate to a five-month low below 1.18%, ‘marked an overbought trend’ that could lead to a reversal, according to Bank of America research note.

...read full article on Market Watch

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