CME CBOT: ZN, T-Note, 10 Year Treasury Note Futures Long term forecast - up to 125.85 - Bond trading today
There are many opinions about interest rates. I do not know if the interest rate will go down or go up. However, Treasury bonds and notes prices are likely to rise. I have said that since the end of last year.
What happens when the bond market collapses? It seems not yet. Of course, one day in the future it will. 10 year T-Note futures are likely to rise to around 125.85. The support line is 122.67. If they fall below 122.67, it would be better to look for opportunities to buy.
[ 10 Year T-Note futures weekly chart, CME CBOT: ZN]
What happens when the bond market collapses? It seems not yet. Of course, one day in the future it will. 10 year T-Note futures are likely to rise to around 125.85. The support line is 122.67. If they fall below 122.67, it would be better to look for opportunities to buy.
[ 10 Year T-Note futures weekly chart, CME CBOT: ZN]