Don't Ignore This Chart!

Treasury Yields Fall on Jobs Disappointment


It has been a wild ride in the bond market this week. Treasuries fell and yields surged as the ADP employment report showed strong job growth on Wednesday. This move was reversed on Friday as bonds surged and yields fell after a disappointing non-farm payroll report. Overall, the 10-year Treasury Yield ($TNX) remains within a pennant type consolidation.

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Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More
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