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...
Bonds Look Toppy

Bonds Look Toppy

Bonds have backed off quite a bit from the highs of the week.  This morning’s solid GDP numbers are certainly adding selling pressure.  The IEF(iShares Barclays 7-10 Year Treasury Bond Fund) is tracing out a key downside reversal on the weekly chart.  The...