Mike's Mid Day Minute is available to members on Monday, Wednesday & Friday evenings, with one article per week available to non-members. Members please login and see "Mike's Mid Day Minute" in the navigation menu towards the top of the page.

Treasury Yield Patterns Heading into FOMC Meeting

Heading into this week's FOMC Meeting, my pattern work on both 5- and 10-year Yield indicates that a correction ended and a new upleg started after the May 28-29 lows at 1.46% and at 2.40%, respectively.

An uptick in expectations of stronger U.S. economic growth during H2 2014 perhaps raised expectations of inflationary pressure.

Any sign or innuendo from the Fed later this week that its tapering-tightening schedule will be accelerated could impact 5- and 10-year Yield in the days and weeks ahead.

  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!