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Happy Groundhogs Day Everyone? In the classic movie, Bill Murray keeps experiencing the same day over and over again. Yields have hit the top of this falling resistance line and declined several times over the past 7-years.

Do we have a “Groundhog” pattern at hand, per the same pattern and same results? If this pattern repeats, rates head lower.

 

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past