Over on Side Street today, my friend Tom Brakke asked whether or not 2013 was the year the bond bull market would finally be slain. Early bettors are saying “yes” today.
If you’re not paying attention to the ass-trampling happening in the long bond and associated markets right now, you’re missing a pretty notable drop…
Have a look at Chris Burba’s chart of the ten-year treasury yield, as long-term resistance / sideways trend looks to be resolving itself to the upside:
(Click to Embiggen!)