CLICK ON CHART TO ENLARGE
The above 6-pack reflects a wide variety of bonds and yields. The upper left two charts highlights heavy falling channel resistance in the 10 & 30-year yield, which are now breaking support.
The other 4 charts high light breakouts in these bonds… Govt (TLT) Corporate (LQD), Overall bonds (AGG) & Junk (JNK)
Bond bulls are hard to find at this time, fewer than 30% bulls. Premium and Sector/Commodity Sentiment Extremes members are long bonds from lows a while back.
–
–