Tuesday Interest Rates
All charts and comments intended for education and discussion purposes only. No investment recommendations are being offered. | ABOUT | CHARTS | AFTER THE CLOSE
Long-term bonds surged higher just after the May sell off of equities, pushing down long-term interest rates in anticipation of economic slowing and lower rates of inflation. The lower rates helped equities find support and resume their uptrend. Now the 30-Year (above) and the 10-Year (below) are pulling back from the highs and rest at an important support level, with bullish uptrend support just below. If bonds find support at this level, it will may add support to equity prices again.
