On August 26, 2023, it was noted that the 10-Yr Note appeared to peak on August 22, 2023 with a close of 4.332. Based on the 10-Yr Note Non-Commercial Traders Net (Long – Short) positions and 2022-2023 comparison to 2018 shown below, the 10-Yr Note yield is still expected to move significantly lower in 2023.
Stock charts courtesy of StockCharts.com
