by stockboardasset
A new regime has entered the town and it is higher rates. The UST10Y has violated a multi-decade supply line that signals a ‘bottom bump and run formation reversal’ is starting to confirm. There are many domestic and international factors leading to higher rates, but more importantly, the Fed is having trouble controlling the long end of the curve. Bond Bear as Gross would say. Is 3 to 3.30% next?
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