Courtesy of Chris Kimble
Have interest rates gone up enough? Odds are high, this question is on the minds of global investors.
This chart looks at the 10-year yield, on a quarterly basis, since 1963.
For more than 50-years, yields have created lower highs and lower lows inside of falling channel (1).
The rally in yields over the past two years has yields testing 2018 highs and the top of the channel at (2).
Joe Friday Just The Facts Ma’am; 50-year channel resistance is in play. If rates breakout at (2), odds increase stocks will be concerned with it!
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