Thursday, January 20, 2011

Watch Out, Bond Yields Are At A Major 17-Year Battleground, And May Be Poised To Surge

Fantastic inverted chart of 30-year Treasury yields courtesy of Doug Short and Chris Kimble. As you can see, yields are at a "support" area that's held for 17 years.

If it breaks down (i.e., yields break out) watch out!

Click to enlarge:

bond yields

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