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Sunday, August 1, 2021

US 10 year yield inches back above the 1.500% level

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Moves above 100 day MA at 1.497% as well

The 10 year yield moved above its 100 day MA at 1.497% and also briefly breached the 1.50% as well.  It will require staying above each of those levels to keep the upside move going. If that cannot happen, the bias remains to the downside.

Moves above 100 day MA at 1.497% as well

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