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.

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