Treasury yields have been one of my main interests in recent months, especially in light of the Federal Reserve's quantitative easing (see this snapshot posted late last night). This morning Chris Kimble gives us his latest technical view of the 30-year Treasury.
Chris comments: Since the late 1990's, it has paid to buy the long bond when it reaches the top of this falling channel.
Is it different this time? Yields appear to have hit strong overhead resistance of late and are now falling and breaking key support.