US 10 Year Yield Update 30 October 2025
Yields pop as Powell uncertainty pervades
10 year yields rise 10bps as Powell announces 25bps cut. We’ve seen this movie before. At this rate Trump will force Fed Funds to 1% and 10 years will be at 6%. At least the banks would love it.
A break of trend resistance at 4.07% will meet more resistances as yield could work it’s way to the top of the channel at 4.5%.
If bonds suddenly got bullish a rally as low at 3.77%, where the 2 trend channels meet, would be massive support. Risk-reward says short bonds, go long yield on an immediate break and confirmation above 4.07%.