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.
Note
2/21/20We had a good sell off in the treasury yields. As usual, people look for some reasons to try to justify the decline.
Below is the 10 yr yield (TNX) - 30 YR Yield (TYX) broke the 2016 low but the 10 YR (TNX) have not. I think it's reasonable to see the rate hit the lower trend line. In any case, the bottom is getting closer weather in 6 months or in a year.... I don't know.
Note
Moving along the path nicelyNote
2/25/20 TNX (10 YR Yield) weekly chartJust broke the 2016 low !!
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.