Yield STILL going HIGHER

German 10yr yields which have been negative yielding for much of the last few years continue to RISE and just hit a two year high (last seen May 2019).

They are set to go even higher in coming weeks/months and should be back in positive yield territory shortly.

Charts suggest German 10yr yields could rise to +0.50% in 2021. Great news finally for savers/investors relying on income. Not so great for risk assets.

Kommentera:

Nothing to dissuade me yet from the idea that German 10yr yields take a look at circa +0.5%

Kommentera:

As per last update 5-6 weeks ago. German 10y yields still wanting to look at 0.5%

Kommentera:

That was fast.
Here's the thing about German Bund yields though - they could still rise to circa +0.8%......
and still technically NOT haven broken the generational (30+ years) bear market for yields...
think about that for a minute given where inflation is right now.

Kommentera:

Potential reversal from here
1.05-1.15% zone
Confluence 1989 downtrendline
2015 yield high resitance
RSI o/bought