Market Update: UK 10Y Yields Back on Nov 4th, we highlighted a potential triangle pattern on UK 10Y yields. 📈 At the time, we noted that a weekly close above 4.75% would complete the pattern, offering a potential longer-term upside target of 6.6%.
Last week, we got a weekly close above 4.75%! While a monthly close would strengthen the case, for now, as long as yields stay above 4.50%, I'm leaning into this scenario.
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