Peter Brandt: Pullback in U.S. 30-year yield is finished, higher rates expected

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20 min ago

Peter Brandt: Pullback in U.S. 30-year yield is finished, higher rates expected — Brandt sees U.S. 30-year yield rising

Peter Brandt, whose biography is available at https://tradersunion.com/persons/peter-brandt/, stated that the pullback in U.S. 30-year Treasury yields, which briefly touched 5.22 percent, is now over.

Brandt described levels below 5.0 percent as unlikely and projected that the next move for the yield could be toward 6.5 to 7.0 percent.

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Brandt has previously alerted members of TheFactorReport service to significant movements in Brent North Sea Crude prices, according to a past report. He also cited margin call selling as a factor after silver dropped below $55 support, as detailed in another article. These market observations form part of Brandt’s regular commentary on commodity and financial markets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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