Long
Interest Rate Bull Market
July of 2016 the US 30 Year Treasury Yields (TYX)
hit a multi decade low with bullish divergences on the monthly RSI and MACD Histogram.
Recently the monthly MACD line has had a bullish cross-over while prices have broken above a declining trend-line
from late 2013.
This implies a bull market in US treasury rates that will last well into 2017.
Minimum price target is 4.00.
Ten year, Five year and Thirteen week yields also have the same bullish signal.
Mark
hit a multi decade low with bullish divergences on the monthly RSI and MACD Histogram.
Recently the monthly MACD line has had a bullish cross-over while prices have broken above a declining trend-line
from late 2013.
This implies a bull market in US treasury rates that will last well into 2017.
Minimum price target is 4.00.
Ten year, Five year and Thirteen week yields also have the same bullish signal.
Mark
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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.
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.