Bonds - analysis and expert opinions
Rising Interest Rates Reach Extreme Resistance
2022.04.20 18:31
It’s been a crazy past couple of years for the 10-year U.S. treasury bond yields and interest rates.
The crazy extremes have seen rates fall to near zero and jump back up near 3%.
We can see this in today’s long-term chart of the 10-Year U.S. treasury bond yield.
As you can see in the lower panel, interest rates went from 70% below the 80-week moving average to the current 77% above the 80-week moving average. Talk about extremes.
The recent extreme move higher has interest rates testing long-term trend-line resistance.
Will it hold? It better, or interest rates could spike a great deal higher. Stay tuned.
