US 10-year Treasury auction leads to 1.68% yield
On Monday, the U.S. Treasury sold $38 billion in 10-year notes. The auction led to yield of 1.68% , compared to March 10 yield of 1.523%.
Investors bid $2.36 for every $1 on offer from the Treasury, auction data showed. Foreign buyers, the data took down just under 60% of the sale.
The breakeven rate between five-year Treasury bonds and five-year inflation protected securities was 2.48% this week, down from the 2008 high of 2.5% it touched last month. But the gauge of expected inflation is still firmly ahead of the Fed's 2% inflation target.
GOVT in downward trend: 10-day moving average moved below 50-day moving average on May 14, 2025
The 10-day moving average for GOVT crossed bearishly below the 50-day moving average on May 14, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 10 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GOVT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for GOVT entered a downward trend on June 03, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on May 27, 2025. You may want to consider a long position or call options on GOVT as a result. In of 91 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for GOVT just turned positive on May 29, 2025. Looking at past instances where GOVT's MACD turned positive, the stock continued to rise in of 59 cases over the following month. The odds of a continued upward trend are .
GOVT moved above its 50-day moving average on June 11, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GOVT advanced for three days, in of 282 cases, the price rose further within the following month. The odds of a continued upward trend are .
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Category IntermediateGovernment
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