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10-Year US Treasury Bond Rate Channel 10-Year Bond Resistance and Support Levels for past 26 years |
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The interest rate for the 10-Year US
Treasury bond is now very near the lower end of a 26-Year falling rate
channel shown in the graph below. Return to KirkLindstrom.com home page |
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July 27, 2012: US Treasury bonds (Rates
at a Glance) have continued lower and are
now near the bottom of a 26-year channel. With CPI inflation now
at 1.7% and the 10-year bond (quote)
now at 1.50%, investors are currently more
interested in "return of their money" than beating inflation with their
fixed income. This has been VERY good for the TIPS in my newsletter
explore portfolio. |
From Chartoftheday.com1
For some perspective on all-important long-term interest rates, today's chart illustrates the 26-year trend of the 10-year Treasury bond yield (thick blue line). Ongoing concerns over Europe in addition to a struggling global economy have encouraged investors to move a portion of their investment dollars to the relative safety of the US. This has resulted in a significant decline of the 10-year Treasury bond yield. In fact, the 10-year yield has declined a fairly dramatic 360 basis points (i.e. 3.6%) since the peak of the credit bubble and has been critical for the restructuring of the debt incurred during the credit bubble. In the end, this decline has brought the 10-year Treasury bond yield right up against resistance of its 26-year downtrend channel.
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Article: Beware
of
Annuities
Article
Index
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Note 1. Source:
Chart of
the Day "Journalists
and bloggers may post the above free Chart of
the Day on their website as long as the chart is
unedited and full credit is given with a live
link to Chart of the Day at
http://www.chartoftheday.com."
For quotes rather than graphs, click US
Treasury Rate Quotes |
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KirkLindstrom.com Home of "CORE & Explore®" investing. |
Blog |
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$TLT
$BND $TNX $TYX 10-Year US Treasury rate near the lower end of a 26-Year
falling rate channel shown in this graph
http://kirklindstrom.com/Articles/2012/0727_10_Year_US_Treasury_Bond_Resistance_Support_Lines.html
Disclaimer: The information contained in this seb site is not intended to constitute financial advice, and is not a recommendation or solicitation to buy, sell or hold any security. This blog is strictly informational and educational and is not to be construed as any kind of financial advice, investment advice or legal advice. Copyright © 2012 Kirk Lindstrom. Note: "CORE & Explore®" was coined by and is a registered trademark of Charles Schwab & Co., Inc. |