RealMacro

10 Year Yield Massive Breakout

Long
RealMacro Updated   
TVC:US10Y   US Government Bonds 10 YR Yield
The 10 year is breaking key area on its way to 3% area. I have been warning about this move for about a year now.
Starting with this post back on Feb 25, 2021
Which I expect will soon break higher.

Then posted this chart back on March 16th 2021

Followed by "food inflation" post on Apr 23, 2021

Followed by this chart on May 23, 2021 Showing the lagging 10 year rates being way off

Jun 10, 2021 The massive historic negative real rates in the FED funds was way out of wack! And has only gotten worse sicne.

Jun 21, 2021 Commodities were on a tear higher without pause signaled no end in sight to inflation despite the clown calls
that inflation was "Transitory" and due to supply chains. Which they are not, inflation is due to money flowing into commodities.

To this chart should scare everyone bc we are headed for a recession signal.

Here we are today with a massive breakout at a key area in the 10 year.






Comment:
It was a MASSIVE breakout and bad JUJU! Like clockwork!

Not only did I tell you when it would collapse but when it would explode higher too

MAGIC!

Real Macro Economic Investing
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