Are we witnessing the end of the easy money era?
This trendline on the US10y log has been extremely strong.
Many durations on bonds have been breaking their downtrends by an amount that is getting a bit scary because of what that would mean for the economy going forward.
People have been talking about the recent yield curve inversion. But not much about how almost all yields on the curve have nearly put in a higher high on their downtrends. This is a sign that the downtrend is starting to bottom and probably has far more important long term ramification than a quick yield inversion.
Many durations on bonds have been breaking their downtrends by an amount that is getting a bit scary because of what that would mean for the economy going forward.
People have been talking about the recent yield curve inversion. But not much about how almost all yields on the curve have nearly put in a higher high on their downtrends. This is a sign that the downtrend is starting to bottom and probably has far more important long term ramification than a quick yield inversion.