Market Timing Brief for the 10 Year Treasury Note Yield (TNX) Close on 1-10-2014: Bad Employment Report Sends Yields Lower

A Market Timing Report based on the 1-10-2014 Close published Sunday January 12th, 2014

The 10 Year Treasury yield is back below 3% and below the 2.984% breakout point based on the poor employment report out on Friday.  The truth the government would rather bury is that many workers are simply giving up on finding a job, resulting in the lowest labor participation rate in decades.  This is all good news for gold (be sure to check out the chart link to the upper right) and silver, but conveys the sense that the economy could disappoint investors in regard to earnings this year.

The interest rate chart for the 10 Year Treasury Note:

tnx-10-year-treasury-note-market-timing-chart-2014-01-10-close

Rates vacillating with reports of economic strength and then weakness.

Please keep up with my latest thoughts about the markets on the access page on the main website.  Get the password here: Free Subscription to My Newsletter

Standard Disclaimer: It’s your money and your decision as to how to invest it.

Follow me on Twitter here:  Follow Me on Twitter

I thank Worden Brothers for the chart system I use to post these charts.  If you want to know more about the charting system I use every day, go to my “Other Resources” page here:  Other Resources   It makes it much easier to follow along with me if you can see the charts and manipulate them on your own computer, so it’s a great investment to have an excellent charting system.

Look for updates on Twitter: @SunAndStormInv

Copyright © 2014 By Wall Street Sun and Storm Report, LLC All rights reserved.

Advertisement
This entry was posted in Bonds, investment, Treasuries and tagged , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.