Yields break channels, signaling more pain ahead
By: Billy Abrams | Published: 2026-01-21 16:11:22 | Source: www.nationalmortgagenews.com
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After months of choppy trading in treasuries, a good deal of technical damage was done yesterday. The only good takeaway was that the high yields for the day were made in the first 15 minutes, and that really was good since stocks continued to fall until the SPX closed 145 points lower, and gold continued to rise until it was $175 higher and it’s up another $100+ this morning.
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