‘30-Year yields’ Archive

For the past few years, doing the opposite here has paid off!

  CLICK ON CHART TO ENLARGE Is it hard to go against the crowd or trend? Even after 34-years of being in the business, I still get a few butterflies in my stomach when the Power of the Pattern and sentiment line up suggesting a change of trend is at hand. In May of 2012, [...]

Joe Friday…Two-Thirds chance Bonds rally and yields decline!

  CLICK ON CHART TO ENLARGE The yield on the 30-year bond has created a multi-year bearish rising wedge and is breaking lower support of this bearish pattern above, after hitting its 61% Fibonacci retracement level. CLICK ON CHART TO ENLARGE The yield on the 10-year note has just experienced its sharpest 18-month rally in [...]

Can Yellen make interest rates act the same as Ben did here?

CLICK ON CHART TO ENLARGE Back in 2011, Interest rates on a 10 & 30-year basis had risen sharply, putting them up against falling resistance lines and momentum was overbought.  Did Ben come to the rescue and keep rates from breaking out? Whether Ben pulled the right strings or not, yields ended up falling hard, down [...]