U.S. 10-Year Treasury Yield Could Rise Further, Chart Shows -- Market Talk

Dow Jones05-19

0536 GMT - The U.S. 10-year Treasury yield could rise further, based on the weekly chart, says Quek Ser Leang of UOB's Global Economics & Markets Research. The 10-year yield closed up 23.1 basis points last week, the senior strategist notes. "The past few instances of such significant weekly spikes in the 10-year yield were each followed by further upside," the strategist says in a research note. This time round, last week's strong surge was "accompanied by the yield breaking above the weekly descending trendline connecting the highs of 5.021% and 4.809%, which increases the likelihood of a sustained move higher in yields." Next resistance is at 4.809%, the strategist adds. The 10-year Treasury yield is steady at 4.6063%. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

May 19, 2026 01:36 ET (05:36 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment