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Monday, May 20, 2024

Interest rates “Blowing Through Resistance!”

Courtesy of Chris Kimble.

3010yearblowingthroughresistancemay11CLICK ON CHART TO ENLARGE

Rates have been on the rise since the first of February this year!

Both the 30-Year Bond and 10-Year note are blowing right through resistance of late.

Bond players might want to respect this breakout above 2-year falling resistance!

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