‘Interest Rates’ Archive

60-Year Eiffel tower pattern in yields looks incomplete!

  CLICK ON CHART TO ENLARGE The chart above is a 100-year look at yields on AAA Corporate Bonds. A couple of things jump out at me. Yields remain inside of a well established 30-year downtrend (lower highs and lower lows) and the rally in yields in 2013 did NOT break this down trend. Also, [...]

Joe Friday…Leading indicators soft, leading sector key test today!

  CLICK ON CHART TO ENLARGE Bio Tech has had its positive influence to the broad markets over the past couple of years. It seemed to have had a negative influence on the markets from Feb 27th to April the 15th, where a bullish wick took place in the sector and a small bounce has [...]

Interest sensitive assets in BIG TROUBLE if this happens!

The Power of the Pattern suggested interest rates were about to blast off in May of last year (See post here) Since that post the yield on the 10-year note is up 80%! Below is the performance of interest sensitive assets & the S&P 500 since that post.    The above chart reflects its been a [...]