LtCmdrData

The Red Trend Is the One We Should Avoid

TVC:TNX   CBOE 10 YR TREASURY NOTE YIELD
Dipping my toes in the treasuries.

This began as a look at the 10 Year in the near term. The consensus and overwhelming opinion is the yields at 5% sometime next year. It seems like the yield will be above it's current yield for most of 2024.

The above was what seems likely based on some research. The surprise could be a rapid (further) rise in yields during Q4 in which case they'd come back down perhaps as early as Q1/2 of next year.
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Reason for posting: The Red Channel is a scary one indeed. We are currently in it, it is not all that well defined yet, but could easily be a well defined trend as early as end of next year.

Scary? At 10% yields, you can probably convince the masses into adopting a centralized digital bank currency, perhaps even global. The roughly 8 years until 10%, if in that trend, is much time for much to happen.

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Love one another and take these posts as a piece of paper picked up on the sidewalk, there is no intention for this to be taken as advice for anyone else's decisions, except the love part :)
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