Monday, March 29, 2010

Rates

Chart for CBOE Interest Rate 10-Year T-No (^TNX)













click to sharpen and enlarge

Note the head and shoulders pattern signaling the top in rates between 1980 and 1985. The recent low in rates is also shaping up as a head and shoulders.... a reverse head and shoulders.

Chart for CBOE Interest Rate 10-Year T-No (^TNX)

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