Our Treasury bond model has yielded a sell signal.
The current buy signal lasted all of 1 week. I discussed the failing technical picture in this article. Now the fundamental bond model is in sync with the technical picture. I do not believe this is the start of a Treasury bond bear market (see this article). The range that I discussed in this article appears to be “true”, and I would look for yields on the 10 year Treasury bond to get 2.475%. See figure 1.
Figure 1. Yields 10 year Treasury/ weekly