Last year, the high on TNX was at the 2019 YP, and the low as on the 2019 Ys3 pivot. This year, look for the high at 2020 YP @ 2.05% and support on the 2020 Ys1 pivot @ 1.30%.
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The Chinese Year of the Rat starts on January 25, 2020. The last Rat year was in 2008. The stock market fell almost 50% in 2008. 2020 should be a bearish year.