US 10 year yield trading to new lows
The US 10 year yields are trading at session lows of 2.624%. The high yield for the day reached 2.728%. The yield has moved below swing lows from April 13 and April 14 at 2.648% and trades at the lowest level since April 7.
The next target comes against the swing high from March 28 and the swing low from April 7 at the 2.557%. Below that, and the 50% midpoint of the move up from the December 3 low cuts across at 2.417%.