Breakout Alert: $TNX

source: Bloomberg

Don’t look now, but the yield on the 10-year UST is breaking out of a 33-year downtrend. I do not know what this portends, but that trendline is very long and has been incredibly strong, so the breakout is worth noting.

Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my Disclosures & Disclaimers page for a full disclaimer.