10 YEAR TREASURY BY DANIEL BRUNO, CMT

The 10 year treasury is the benchmark used to decide mortgage rates across the U.S. and is the most liquid and widely traded bond in the world

THE 10 YEAR IS A BELLWEATHER. LOOK UP A LONG TERM CHART AND MARVEL AT 15% YIELDS IN 1981 DOWN TO AN AVERAGE 1.6 TO 2.6% 2011 TO PRESENT

LOOK AT INTEREST RATES THE DAY YOU WERE BORN OR ANY OTHER SIGNIFICANT DATE IN YOUR LIFE

LOOK UP WHAT PAUL CRAIG ROBERTS HAS TO SAY ABOUT MANIPULATED BOND MARKETS.

NOTE THAT CHINA HOLDS OVER A TRILLION DOLLARS WORTH OF THESE BONDS...CONSIDER WHAT WOULD HAPPEN IF THEY DUMPED THEM...

OBSERVE THE PIVOTAL ROLE OF THESE BONDS IN THE PETRODOLLAR. SAUDI AND OTHERS EXPORT OIL AND IN RETURN THEY GET THESE BONDS. THESE BONDS ARE CREATED OUT OF NOTHING EXCEPT THE PROMISE TO HONOR THEM.

NOTE THE LONG GREEN CANDLE COINCIDES WITH THE EQUITIES SELL OFF FIRST WEEK OF FEBRUARY 2018

I OVERLAYED THE VIX AS WELL BUT CANT SHOW IT HERE DUE TO CHART LIMITATIONS. THE VIX SPIKED AT THE SAME TIME AS THE BOND RALLY. A FLIGHT TO SAFETY.

DANIEL BRUNO, CHARTERED MARKET TECHNICIAN

CONTACT ME.