Where did the Bond Bears go? Support line going to cause a rally in interest rates?

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Many times over the past 20-years, the yield on the 10-year note has hit line (1) and rallied when a bullish falling wedge has formed.  Will it be different this time around?

Speaking of where did the Bond bears go....I shared the chart below with Premium members last week, reflecting that Wall street strategist love bonds to the greatest degree in the past 15-years and dislike stocks to the greatest degree, in the past 15-years!   

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Is the crowd on the wrong side of these positions again???

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Is bullish sentiment in bonds lining up with technical support?  What would it take in the stock market/economy in order for yields to break this 20-year support line?  The next month could get to be a ton of fun!

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2 Comments

  1. Hola Chris, wondering if TBT is the best ETF for a Bond bounce in here? Gracias!

  2. Barcelona….I favor the “un-leveraged” (1x)inverse…TBF.