Ten-Year Note Falls to First Target
I promised rate forecasts that would be far more accurate than anything Bloomberg or The Economist are capable of.
So, you should pay close attention to my post below on the subject if you care. A plunge in rates to within 0.005 of my initial target at 4.242% immediately followed that post. I have reproduced the original chart below. The levels are determined by my proprietary system, not by Fibonaccis, support/resistance or other conventional technical tools.