Market Overview

Technical Analyst Sees Higher Interest Rates

Technical Analyst Sees Higher Interest Rates
Related FED
Cramer: Trump's Federal Reserve Nominee Is 'Fabulous' News For Bank Investors
Warren Buffett Talks GOP Tax Cuts
Related SPY
Throwback Thursday: How The Media Covered Wall Street's 'Black Monday' In 1987
S&P Reports Record Dividend Payments, Falling Yields
GenWealth Group, Inc. Buys iShares TIPS Bond, iShares Core U.S. ... (GuruFocus)

Technical analyst Louise Yamada spoke on CNBC's "Futures Now" about interest rates. She is watching the two-year Treasury yield and the 10-year Treasury yield, and it looks to her interest rates are on their way to a new rising cycle.

Yamada thinks the uptrend for the 2-year Treasury yield is in place since 2013 and she has a short-term target of 1.60 percent for it. She also spoke about the 10-year yield, explaining it is going through a trading range bottoming process and is currently trading in the middle of the range. It's also trading slightly above its 200-day moving average.

If the 10-year Treasury yield can get above 2.50 percent, it will break out of the trading range and move toward 3 percent, said Yamada. She added that a break out through 3 percent would define a reversal into a new rising interest rate cycle.

Posted-In: Futures Now Louise YamadaCNBC Technicals Federal Reserve Media Trading Ideas Best of Benzinga


Related Articles (DIA + FED)

View Comments and Join the Discussion!

Partner Center