‘30-Year yields’ Archive

Interest rate aberration continues to pay off big time for bond players!

  CLICK ON CHART TO ENLARGE If an asset rose 50% more than than its seven biggest rallies in 30 years, would you say that is closer to the norm or closer to an aberration?  In my humble opinion, it seems closer to an aberration. Almost 6 months ago I shared the above chart with [...]

Tell Me Again About Rising Interest Rates…

  CLICK ON CHART TO ENLARGE The no-brainer, can’t-miss trade of 2014 was supposed to be betting on higher interest rates. So how’s that working out for you? Apparently, not so good for Wall Street’s largest bond dealers that have seen their bearish trades against Treasury bonds go awry as interest rates fall. (See Bloomberg Bond)  [...]

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, [...]