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10-yr yield hits 5%, Highest since 2007


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#1 Rogerdodger

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Posted 23 October 2023 - 09:24 AM

Wall St opens lower as 10-yr yield hits 5%; Big Tech earnings in focus

That's the highest 10 year since the 2000's

 

https://stockcharts..../yieldcurve.php

 

Growth Numbers Set to Show USA Remains World's Economic Powerhouse...

It Was Supposed to Slow by Now. Instead It's Revving Up...

10-Year Yield Tops 5% First Time Since '07, Keeping Traders Wary...

'The bond vigilante is coming back'... Ackman says too much risk to bet against...

 

Bill Ackman covers bet against Treasurys, says ‘too much risk in the world’ to bet against bonds

He believes a fast-deteriorating economy would suppress bond yields.

“The economy is slowing faster than recent data suggests.”

He first disclosed his bearish position on 30-year Treasury bills in August, betting on elevated yields on the back of “higher levels of long-term inflation.” The 30-year Treasury yield has risen more than 80 basis points since the end of August, making Ackman’s bet profitable.

 

TLT is looking like a s/t bottom.


Edited by Rogerdodger, 23 October 2023 - 09:43 AM.


#2 Chilidawgz

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Posted 23 October 2023 - 09:50 AM

I echo your thought Roger. TLT looks to making a bottom.


Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
 
 

#3 Rogerdodger

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Posted 23 October 2023 - 10:26 AM

I echo your thought Roger. TLT looks to making a bottom.

 

No wonder you agree! I was using your 2 hour chart settings! LOL

 

bowrie.gif

 

And a shout out to iLOLi from 2 days ago
 

So does the begging @Historical Low, a potential double bottom is going to be the best scenario for TLT bulls...

 

The "Mother Sickle" is still live and well at the moment... stay tuned.

 


Edited by Rogerdodger, 23 October 2023 - 10:29 AM.


#4 pdx5

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Posted 23 October 2023 - 04:20 PM

Interest rates on bonds will fall soon, since people have less money to buy bonds after buying necessities and EV's.


Edited by pdx5, 23 October 2023 - 04:25 PM.

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#5 Chilidawgz

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Posted 23 October 2023 - 07:34 PM

 

I echo your thought Roger. TLT looks to making a bottom.

 

No wonder you agree! I was using your 2 hour chart settings! LOL

 

bowrie.gif

 

And a shout out to iLOLi from 2 days ago
 

So does the begging @Historical Low, a potential double bottom is going to be the best scenario for TLT bulls...

 

The "Mother Sickle" is still live and well at the moment... stay tuned.

 

 

 

Roger, four hour charts are my goto trading charts using positive or negative divergence. The daily chart is showing the same positive buy

signal.

 

booya.gif


Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
 
 

#6 Chilidawgz

Chilidawgz

    A fool and his money... (the second mousie gets the cheese)

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Posted 26 October 2023 - 03:27 PM

tlt2.gif


Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
 
 

#7 K Wave

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Posted 28 October 2023 - 10:48 AM

So just to see how bad it had gotten, I pulled up a zip code from suburban Austin.

 

Pre-Covid, average house price was right around 500K and mortgage rate about 4%, so payment on 20% down mortgage $1909

 

After the funny money bubble jacked prices, average now about $850 (down $140k already), so with today's rate of 8.5%, payment is now...wait for it...

 

$5228

 

And that is just P&I, add another $1500 per mo for property taxes.

 

Yeah....long sigh...this is all going to end just fine.

 

And by the way, you can rent that average house for about $3-3.5K right now


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#8 Rogerdodger

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Posted 28 October 2023 - 11:00 AM

Add to that the cost of increasing home owners insurance and property taxes.

 

Investment ideas for 2024:

Campbell soup for all of the coming soup lines.

Ammo

Vodka

1 bedroom waterproof boxes

swoon.gif

Mortgage Companies Asking Ex-Employees to Give Back Bonuses!


Edited by Rogerdodger, 28 October 2023 - 11:23 AM.