The US 10-year Treasury yield is holding above 5%, and it moves stocks, gold and the dollar. Here is how I use it to find directional bias before every trade.

In this video I break down why the 10-year yield matters, what is driving it right now, and a simple 5-step framework for trading Nasdaq, gold and USD/JPY with the bond market as your map.

What you will learn:

• Why the bond market usually moves first
• How yields affect stocks, gold and the US dollar
• The 3 drivers behind today’s high yields: strong US economy, oil and the Iran conflict, and heavy government debt supply
• A live example of yields vs Nasdaq, USD/JPY and gold on the same morning
• My 5-step process for using yields as directional bias
• 3 warnings for when the yield relationship breaks down