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So far 2014 is the year of bond strength and good performance, as TLT is up 10% more than the S&P 500 this year. The chart above reflects that the inverted 10-year yield could be making a bullish inverse head & shoulders pattern.

Joe Friday…A break above the neckline would be a bullish move for inverted yields (pushing bonds even higher)!

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