10-Year T-Yield’s March High Could Prove To Be Important In Current QE
October 07, 2021 at 05:39 AM EDT
On a 12-month basis, the US budget deficit may have peaked, but at the same time the Fed is getting ready to taper. In the past, the 10-year peaked mid-way through QE. From this perspective, the March high of 1.57 percent could prove to be important.