Moving above that level and traders will target the 50% midpoint of the move down from the early January high to the April low (the range for 2025). That 50% midpoint comes in at 149.375.
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US yields are now higher across the curve. The 2-year yield is up 4.6 basis points while the 30-year yield is up 1.2 basis points.
Pres. Trump sees things differently:
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