What The 10-Year Yield is Telling Us

My latest piece for TraderPlanet takes a look at the latest price action in the 10-year Treasury yield. Below is an excerpt:

This morning we are seeing a gap down in the 10-year yield, breaking below 1.9% and approaching the late-February low of 1.84%. Since Mid-March the Treasury yield has been sliding lower, all while equities threaten to hit new highs. With this morning’s gap we see yield breaking below a rising trend line which helped create a small symmetrical triangle.

Go read the rest here: What the 10-Year Yield is Telling Us (TraderPlanet)

Disclaimer: Do not construe anything written in this post or this blog in its entirety as a recommendation, research, or an offer to buy or sell any securities. Everything in this post is meant for educational and entertainment purposes only. I or my affiliates may hold positions in securities mentioned in the blog. Please see my Disclosure page for full disclaimer. Connect with Andrew on Google+.

About Andrew Thrasher, CMT

Andrew Thrasher, CMT is a Portfolio Manager for an asset management firm in Central Indiana. He specializes and writes about technical analysis as well as macro economic developments.