US 10-Year Treasury Yield Rises to Highest Level Since 2007
📊 JPM — Piyasa Yorumu
▼ down · 65%The US 10-year Treasury yield rising to its highest level since 2007 is generally seen as positive for bank stocks in terms of net interest margin, but such a rapid increase could heighten concerns about an economic slowdown and credit risk, potentially pressuring JPM. The current technical picture is already weak: RSI at 37 is near oversold territory, MACD is below its signal line, and the price is trading below both the 20-day and 50-day moving averages. The 1.3% decline over the past 24 hours and negative momentum suggest that selling pressure may continue in the short term. However, since the impact of the Treasury yield news on bank stocks can be two-sided, the downside expectation should be limited to moderate confidence. In the 1-3 day horizon, as long as the price remains below the recent close around $350, downside risk is likely to persist.