US Government Bonds 10 YR Yield
Long
Updated

US10Yrs. Bond Yield parallel channel. Nifty up move confirmation

US Government 10Yrs. Bond Yield trading in parallel channel. After fake break out it come down in channel again. As per chart it may correct up to 4%,3.79% and 3.06% level soon.
It has inverse relation with index, so nifty and bank nifty may give good up move in next 2-3 months as both charts suggested also the same.
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If it not come down in channel again market will face more correction. It will create strong bearish sigh on chart. work accordingly.

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