Hate to disappoint you fixed income bulls
We are in the early stages of a secular bull market for yields (started 2020) as inflation will prove persistently bad
There may be pullbacks along the way but the path is higher
Long bond yield>10>50>200 ma
We are in the early stages of a secular bull market for yields (started 2020) as inflation will prove persistently bad
There may be pullbacks along the way but the path is higher
Long bond yield>10>50>200 ma
Commento:
US 30yr yield now at 4.40%.
Could get a pause but looking for 4.70% further out over coming weeks/qtr.
Could get a pause but looking for 4.70% further out over coming weeks/qtr.
Commento:
Another month goes by and yields another 10bps higher on the long end. Still looking for 4.70% before end of year.
Commento:
30yr yields now over 5% and could make it to 5.25%
I called this 3 years ago and folks are still trying to fade it
I called this 3 years ago and folks are still trying to fade it
Next stop 4.40%
Coming months 4.70% is my med term target