Bond Yields Due For Rally After Declining More Than 1987 Stock Crash

by Kimble Charting

U.S. Treasury Bond Yields – 2, 5, 10, 30 Year Durations

The past year has seen treasury bond yields decline sharply, yet in an orderly fashion.

This has spurred recession concerns for much of 2019. Needless to say, it’s a confusing time for investors.

In today’s chart of the day, we look at a longer-term view of the 2, 5, 10, and 30-year treasury bond yields.

Short to long term bond yields are all testing 7 to 10-year support levels as momentum is at the lowest levels in a decade.

A yield rally is likely due across the board after a recent decline that was bigger than the stock crash in 1987!

If yields fail to rally and each breaks support at each (1), odds ramp up that stocks are in trouble! These patterns suggest that stock bulls want to see yield move higher here, not lower!

The article was first written for See It Markets.com. To see original post CLICK HERE

 

 

339 views