Market Timing Brief™ for the 6-08-2018 Close: SP500 Index at Top of the Upward Channel. Gold Pauses as Inflation Numbers Move Higher vs. a Stronger Dollar. Rates in a Range.

tnx-10-year-treasury-note-market-timing-chart-2018-06-08-close

tnx-10-year-treasury-note-market-timing-chart-2018-06-08-close

Rates are below the 2.943% level, but barely and with warmer inflation data coming out this week.

Market timing the US 10 Year Treasury Yield (TNX, TYX, TLT, IEF). Inflation numbers out this week could change things. There is still upside risk. Rates are a tough game with the crosscurrents.

Bookmark the permalink.

Leave a comment

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