Update on Bonds: Mar 07, 2013

If rates really are heading back up in the near future, we’d expect to see bonds take a hit (and stocks, too, but that’s a different post.)  Back on Jan 21, we focused on the 10-year treasury (ZN.) We observed that ZN had just completed a large Crab Pattern and broken down from a rising … continue reading →

New Charts: 10-yr Notes

First, an important caveat:  I’m not a bond guy.  Never have been, never will be — at least with long bonds under 8%.  I find the idea of sinking even one dollar into a security (on credit watch, mind you) that guarantees less than 2% for 10 years ridiculous. But, different strokes and all that.  … continue reading →