The first half of 2022 is now in the books, and the Treasury 10-year yield continues to make headlines in the bond market. This week on the Basis Points podcast, Kevin Flanagan covers where the treasury yield might be headed next to help investors feel updated and informed on the latest market updates and developments.
Basis Points: 1/100th of 1 percent.
Fibonacci retracement: A technical analysis tool displaying percentage lines which look at support and resistance levels, potentially signaling short-term price/yield reversals. The concept of retracement suggests that after a period of market movement, prices/yields can retrace a portion of their prior pattern before returning to their original trend.