You will come across specific terms in these notes (FLD, VTL, and so on). Rather than explain them each time, you will find definitions here: guidance notes for Hurst cycles terminology
US Ten Year – 80 day cycle probably just peaked, but next trough is close at hand. Uptrend intact?
US Ten Year yield’s 80 day cycle likely just peaked and has retreated hard, which is why we are seeing uplift in equity index risk. However, the peak was very right translated (late) and points to the underlying trend in rates still being up. Additionally, we are very close to a meaningful cycle trough zone, with the 80 day cycle trough (light blue circle and whiskers at bottom of chart) from next week and extending to the second week of September in terms of range. We are not looking for a significant pullback and expect yields to rally again.
This post was first published on Hurst Cycles Notes.
