In today's Early Look, CEO Keith McCullough shows the 10yr Yield TREND and TAIL levels holding, while nearing the Low End of the Risk-Range.
My 10yr Yield TREND Level held = 4.24%. More importantly, my long-term TAIL Level for the UST 10yr Yield underpins the TREND at 4.16%.
If those TREND and TAIL Levels break, I’ll assume the other team’s CPI forecasts are becoming more right. If they don’t, we’re right on INFLATION #accelerating.
HELPFUL LINKS:
Join New Subscriber Orientation
New Conference: Hedgeye Live 2024 May 2-5