Yield Long-Term Chart Bullish

Fed Chair Powell described the economy in glowing terms, saying that it is much stronger than it was at any time since 2012, and even in the last couple of years.

That sentiment is hardly expressed by 10 year YIELD, which continues to circle and struggle around 3%.

That said, however, the attached chart from the historic July 2016 low at 1.32% is extremely bullish, and points higher-- unless support at 2.76% down to 2.72% is violated...

6 13 18 YIELD 320 GIF
6 13 18 YIELD 320 GIF

  Matched
x
  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!