Monday, April 5, 2010

CBOT 30 Year T-Bond Monthly Yield Chart

This is the approximate size of the OTC derivatives Industry.
Note the proportionately large size of the Interest Rate derivative market.

This is a chart of the 30 Year Treasury Bond Yield. (Presented as a POTENTIAL Reverse Head & Shoulders)
Note the proximity of the "neckline" to the current trading level.

When the Levee Breaks is a song in reaction to the upheaval caused by the Great Mississippi Flood of 1927.
"Crying won't help you, praying won't help you
When the Levee breaks, mama, you got to go."
Kansas Joe McCoy & Memphis Minnie (1929)

1 comment:

forex-cat said...

Your article is always useful.
Thanks.