Bond(IEF) Update

Bond(IEF) Update

The IEF Index(iShares Barclays 7-10 Year Bond ETF) is dipping below last week’s low this morning.  Last week the IEF posted its best daily close of 2019.  The $107.00 area, which has now capped the March and May highs, is looking rather ominous.  In the near...
Not a Bad Week

Not a Bad Week

S&P 500 Index: All-Time High Dow Jones Industrial Average: All-Time High Nasdaq 100 Index: All-Time High Total US Bond Market Index: All-Time High (note: total return – includes interest/dividends) Don’t tell...
Tale Of The 10-Year

Tale Of The 10-Year

The above chart, or similar version, made the rounds a year ago.  The yield on the 10-Year Treasury closed above a very, very long term trendline as Q1 came to an end.  The consensus view that followed was that the ‘bear channel’ that had held rates in a...