US 2-Year Yield Signals Drop to 3.65%-3.75% as 4.201% Rise Forms Bearish Wedge
Updated
Updated · Reuters · Jun 9
US 2-Year Yield Signals Drop to 3.65%-3.75% as 4.201% Rise Forms Bearish Wedge
2 articles · Updated · Reuters · Jun 9
Summary
The 2-year Treasury yield briefly hit 4.201% on Monday, but its daily chart now points to a possible break lower toward 3.65%-3.75%.
That bearish view rests on a rising wedge pattern—yields have kept climbing since the Iran war began, but within a tightening range that often precedes a downside move.
Momentum has also weakened: the RSI has failed to confirm new yield highs since late March, suggesting the recent rise is losing force.
Volatility tied to the Iran conflict clouds the signal, and a move above 4.30%-4.40% would indicate the uptrend is still intact.
For now, the chart suggests the broader decline in 2-year yields in place since October 2023 remains the dominant trend.