Interest Rate Salmagundi and Technical Perspectives

Greetings to the proletariat... The March ten year futures, (ZN), continue to have staunch technical support for a further drop in yields. All bets are off and we'll have a trend change if the March futures close below 120-26....Within a easy eagle put... ...Then it's 'Port des Mortes' for the treasury market as yields will scream to significantly higher yields over the next several months....BUT - for now, the trend is still for higher  note & bond prices unless these levels are violated on a daily closing basis. A couple of 'ticklers'.... The HYG etf, a close below 82.59 changes it to a confirmed bear trend for high yield, ( read TOXIC), paper. Not that far away...and that WILL drag the treasury market lower. No flight to 'quality', the world players now know that US treasury paper is a fiat ponzi scheme...       ...the ten year futures monthly chart will soon gasp its final breath...And it sure looks like it is about to serve up a very be...

This blog will be periodically updated to give debt issuers and debt investors a technical perspective of the United States treasury market. Yield curve flucuations and individual treasury tenor market movements will be analyzed. Debt instruments outside the U.S. treasury market will be commented on as it is seen fit. This author's technical analysis shows that the capital markets are getting very close to a major trend change. I have been a student of the capital markets since 1973.