10Y vs 2Y Yields: Momentum Is Fading at the Top

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10Y vs 2Y Yields: Momentum Is Fading at the TopUnited States 10 Year Government Bonds YieldTVC:US10YROW_PartnersTreasury yields have pushed back toward their summer highs, but the underlying technical momentum tells a very different story. Both the 2 Year and 10 Year yields are showing clear signs of momentum exhaustion. 2 Year: Price Action Yields recently pushed up to a new high, topping the May peak. The Problem The RSI and TTM Squeeze histogram failed to follow. While yields made a higher high, RSI did not push and TTM momentum printed lower. Takeaway This classic bearish divergence shows the push to new highs lacked true buying power. 10 Year: Price Action The 10 Year bested its May peak and is stalling. The Problem RSI strength did not show up. The TTM Squeeze momentum is weakening already.. Takeaway The 10 Year looks structurally weaker than the 2 Year. It could not even clear its previous high despite market pressure. What This Means: When yields test key resistance levels on shrinking momentum, the risk of a pullback increases. Expect a potential move back to retest key moving average support levels unless fresh catalyst volume steps in to drive a real breakout.