Long Term Perspective on US 10 YR Bonds

The US 10 Year Bond is in long-term Bear Market with price trading below the 50 and 200 and 800 week emas. The 50 week ema is currently down trending, but price is above the 13 ema and is correcting back to the 30 and 50 emas.. Price is following the lower trend line up, so watch for a break of that to confirm a resumption of the down-trend. Long term expect a resumption of the decline in yields down to negative rates.

With this X-Wave having begun in 2004, during the Housing Bubble, we can conclude that the current interest rates are the result of the Bad Decisions made during that time. Thanks for F’ing things up Greenspan, Bernanke and Yellen. You guys were obvious in way over your heads. Now, it looks like Powell is going to follow them back down the Rabbit Hole. Let’s try to make some money off those Morons…

This is my US 10 Year Bond look ahead for my own trading purposes. FUTURES trading involves risk. Feel free to comment, but trade off of this post at your own peril.