https://quotes.fidelity.com/ftgw/fbc/ofquotes/mmnet/Charts?SID_VALUE_ID=.TYX&navBar=true
interest rate on the 30 yr is bumping up against the long term declining resistence line.
major decision here.
it will either bounce down yet again, or it wil finally break up and out of this trend.
Thanks for sharing the chart bear!
"So what we have then is the two biggest buyers of Treasury debt – the Fed and Social Security – sharply reducing their holdings at the same time the government’s insatiable need for more money continues to grow. "
https://www.ino.com/blog/2018/06/dont-bet-crises-keep-bond-rates-lower/#.WyOdovlKjIU