Of course it looks very similar to TLT invert. But all daily, weekly and monthly seem to suggest a good chance of a rising rates. Somewhat concern for gold if negative correlation hold. Preferred short term bet. More likely hike and fade.
Hi All I know its the end of the world - again. The Corona virus is creating havoc and interest rates could soon be at zero. Please see what happened the last time there was a crash in interest rates. After the crash a big move up. Then it took years before the crash low was broken. Mark
Monthly chart: About 40 year cycle of declining interest cycle may be coming to an end in about a year, finally. Interest sensitive assets and securities may be impacted, some more severe than others.
US Treasury Spread - More upsides are expected.
Watch the 30-10 Year Treasury Yield Spread Breakout.
Awaiting a confirmation to go SHORT in 2018...views by Pounds_fx
soon will face resistance but may rally to 3.06 level short term. Long term trend is still down. Might be good opportunity for a short term TBT trade.
US 30 Year Treasury yields as measured by TYX could have an important break through on 3/10/17 which is when the US Jobs payroll report comes out. In December TYX hit a high of 3.20 In June 2015 TYX hit a high of 3.26 This very important double top could be breached on 3/10/17. Daily RSI and MACD are no where near overbought indicating a lot of roam for yield to...
Overall trend is bullish, but a correction from overbought to 40 week MA is very likely. Note both MACD and RSI are facing long term resistance. Might be a good 2 to 4 months of window for global stocks, commodities and precious metal, before the bullish trend resumes (if it can).
Bond rate has been rising for the past 3 months and now it is approaching the upper resistance channel. It can break out, or back down from here.
Short Treasuries, chart self explanatory
If the long term support broke, the rate may fall very fast very deep like in 2008. So the coming August should be interesting (and critical). So I think we need hedge that possibility somehow.