Stock Markets Analysis and Opinion
50-Year Trend Channel Has Stocks Spooked
2022.06.10 19:15
Long-Term 10-Year Yield Quarterly Chart.
Have interest rates gone up enough? Odds are high, this question is on the minds of global investors.
This chart looks at the 10-year yield, on a quarterly basis, since 1963.
For more than 50 years, yields have created lower highs and lower lows inside of falling channel (1).
The rally in yields over the past two years has yields testing 2018 highs and the top of the channel at (2).
The 50-year channel resistance is in play. If rates breakout at (2), odds increase stocks will be concerned with it.
