Moreover, fluctuations in the RSI suggest that the pair needs a breakout from the triangle to establish its next price direction. The daily chart for US Treasury yields shows that the yield has ...

As at the time of writing, the benchmark 10-year US government bond yields were at 4.55% after ... On the positive side, gold has formed an ascending triangle pattern, a popular bullish sign.

According to the outlet, the Friday trade saw the purchase of 10,000 options tied to the 10-year, wagering that the yield on the bond will rise nearly half a percentage point in the next five weeks.