U.S. Treasuries: Break On Through to the Other Side

(Harvest) Last Tuesday, May 15, represented a red-letter day for the U.S. Treasury (UST) market, as the 10-Year yield moved above a key technical level and ended up posting its highest numbers since 2011. The natural question is: Now that the UST 10-Year yield has achieved this breakthrough to the other side, where can it go from here?

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