$TNX higher now than when banks began to fail
Edited the graph from Apollo a bit.
Red arrow is when most treasury #yields were hitting new highs.
Blue arrow is current time. Chart is 2Yr #Bonds.
TNX
was putting in a lower low at the Red arrow BUT it is higher then before at the moment, Blue arrow.
Graph shows how #bankruptcy filings began increasing late last year, slowed during #interestrates falling, but now increasing as rates have gone up again.
Red arrow is when most treasury #yields were hitting new highs.
Blue arrow is current time. Chart is 2Yr #Bonds.
TNX
was putting in a lower low at the Red arrow BUT it is higher then before at the moment, Blue arrow. Graph shows how #bankruptcy filings began increasing late last year, slowed during #interestrates falling, but now increasing as rates have gone up again.