Tuesday, March 18, 2014

Kondratieff Fall and the 10Y Treasury Note

I think I'll post this chart about five times to make my point.

10Y Treasury
10Y Treasury
10Y Treasury
10Y Treasury
10Y Treasury

The [my] bearish case argues that there is one more leg down left on yields before The System becomes unglued like an unfinished Seattle townhouse in the rain.

2 comments:

  1. I only liked the second chart. The rest were just....not as convincing.
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    Bullish USD, as if the Yen or Euro won't go first?

    ReplyDelete
  2. Umm.. This is not bullish for the USD

    ReplyDelete

Always enjoy good conversation and exchange of ideas.