JaySteele

T Bonds Yield "Symmetrical Triangle" looks to break out up?

Short
CBOE:TYX   None
T Bond yields have largely remained in a range outside the spike highs, and lows experienced earlier in the year. Given the FED's reluctance to lower rates any further despite high unemployment figures, and tight global economic activity, higher real inflation all which are undermining the Nasadq right now. Are the chickens coming home to roost? Will the FED allow rates to back up in order to have room for a continued lowering down the road? Those are the pressures I see building not to mention the gold/silver canary in the coal mine rally heating up. If the .TYX breaks out to the upside here, I would expect an overeaction that could push 30 year yields above 2.0. If this happens, I'll be selling my current holdings in TMV (Short Bonds). Good luck all, Jay.
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