WadeYendall

TNX Just keeps chugging higher

Long
TVC:TNX   CBOE 10 YR TREASURY NOTE YIELD
Yikes... the 10 y does not want to slow down.. Clearly above the 382 fib and pushing. Next stop would be 1.94 and then 2.17. According to my methodology the odds favour this now. I'm not sure if the Fed is letting this happen or has lost control. Side note....At what point do home owners figure out their mortgage payments are likely to double the next time they renew.

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