Thursday, September 5, 2013

PIMCO Total Return ETF (BOND)

Bond crash imminent ... Check out the chart of  the 10 year treasury note yield
No more support ...

1 comment:

Chad said...

The TNX (10 yr yield) is touching the top of its multi-year downtrend channel and there are positive RSI and Stochastic divergences present on the BOND chart you've posted. Agree that rates will break out, but perhaps a healthy bounce first?