Treasuries on the rise

in LeoFinance3 years ago

Where do we go from here, it seems everyone is watching the 10 year rate. I have seen predictions of it hitting 2.5 in the near term to 1.9 area. This could be trouble for the markets, and some people believe that this is the bond guys flexing their muscle.

It happened in 1987 and caused quite a stir in the market, I was not really around to know what all happened, but it is worth taking a note. So lets look at the chart of the 10 year.

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This is TNK the 10year index fund. Man if I would have known about it before, it looks like it was a screaming buy at 6, now all the way up to 17. It could pull back a little, but looks to want to go to the 200 at 19.85 which would be around 2 %

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