30 year yield and the Market

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I published a chart sometime last week on the 10 year yield, and made the point that we need the yield to go up for the market to continue it's rally. the same goes for the 30 year yield, they are currently at 3.13 % and overall direction seems to be down. IF the support on the wedge is broke, we could see 30 year yield @ 2.12 %. Just a reminder that yield hit 2.50% in 2008 . this could be very bad news for market. But hey , this is not guaranteed. let's hope the yield move a higher .
2008 low level reached. What now ? well , I think we'll go lower
@2.70 , the 30 yr yield is just 20 basis point away from it's 2008 low..Remember 2008 ???
30 year bond yield is below 3 %..not good not good at all
ISDA TRIGGERS GREEK CREDIT EVENT IN UNANIMOUS DECISION. Basically anyone who wrote CDS, will have to pay . How this news will affect the market ? dunno yet.

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