Wednesday, April 27, 2011

The Falling Channel in Bond Yields

Technical analyst Chris Kimble takes a look 30-year Treasury yields over the past 15-plus years.

Chris comments: A bearish head & shoulders pattern is taking place in bonds... bond yields that is!

The multi-year falling channel looks to have stopped yields again. Now a bearish yield pattern has formed and a key support line has been taken out.

No comments:

Post a Comment