Here’s the level where Guggenheim’s Minerd sees the 10-year yield ending its decline for now

Here’s the level where Guggenheim’s Minerd sees the 10-year yield ending its decline for now

Scott Minerd, Guggenheim Partners
Scott Mlyn | CNBC

Guggenheim’s Scott Minerd said the sharp decline in the benchmark 10-year yield could continue to the 1.4% level before correcting.
The 10-year yield, which influences mortgages and other loans, has plunged in the past week, from 2.07 before the Fed’s rate cut a week ago, to as low as 1.59% Wednesday morning.
“Technically, we’re getting to an…

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