All Treasury Yields - Convergence at highs = lows coming
Updated
Put together a chart to illustrate what happens when government treasury yields converge at the same amount at a market peak.
They consistently roll over and tank.
When yields tank, bonds go up in value.
Looks like a good spot to pick up some TLT.
They consistently roll over and tank.
When yields tank, bonds go up in value.
Looks like a good spot to pick up some TLT.
Comment
Zooming in on present date, you'll not that we may be seeing the point where yields roll over and head lower.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.