US 30Y Bond Yield on the Rise, Could Surpass 5%

US Government bond yields are currently at 4.41%, with potential to climb above 5% as per Elliott Wave analysis. The US30Y yield chart shows a complete five-wave impulse to the upside since March 2020, with wave V shaping up as an ending diagonal which could lift the yield to 5.30%. A correction to 3.50% may follow.

Read more at Investing.com: US 30Y Bond Yield Concludes Post-2020 Uptrend