The public is getting all in on the rising yields story even as the ‘limiter’, AKA the 100 month EMA, on the 30 year yield is rapidly approaching.
You’ll see that the secular bond bull has gone hand in hand with rising consumer prices.
Bonds may well be about to change to bearish, however a line that has not been crossed in decades has still not been crossed. The bond bull market is fully intact at this writing.
