USA 10YR: 1.00 by Mid 2020; Lower is Possible
Contrary to what most people believe, 10 year yields have very little to do with the DXY, but rather acts as an outlook/sentiment with respect to the global economy. Of course there are many other things in play, however, in this impending recession that will be the major driving force for the 10 year.
Moreover, plummeting yields from most other nations will lead the US yields artificially lower.
I expect by February or March 2020 we could see a full 1.00. There is potential it could drop further but I am holding firm on a 1.00 prediction at this time.
Eventually, yields will eventually burst upwards and begin to rise which will likely happen in the last (late) quarter of 2020. From this point, precious metals will completely decouple from yields.
- zSplit
Moreover, plummeting yields from most other nations will lead the US yields artificially lower.
I expect by February or March 2020 we could see a full 1.00. There is potential it could drop further but I am holding firm on a 1.00 prediction at this time.
Eventually, yields will eventually burst upwards and begin to rise which will likely happen in the last (late) quarter of 2020. From this point, precious metals will completely decouple from yields.
- zSplit
