Plunge Protection Team to the rescue time?

Plunge Protection Team to the rescue time?

The chart above looks at the yield on the 10-year note (TNX) “Inverted.” The 10-year yield has remained inside of rising channel (1) for the past 25-years and rising channel (2) for the past 10-years. Will the Plunge Protection Team come to the rescue at...
Interest Rates Testing 25-year breakout level

Interest Rates Testing 25-year breakout level

Interest rates based upon the 10-year yield (TNX) have been heading lower for years, more than 25-years actually. Below looks at the yield on the 10-year note and reflects that an important and rare test is in play. CLICK ON CHART TO ENLARGE Yields on the 10-year note...