Treasuries Are Broken

The treasury market is closed and treasuries have officially broken down. A strong jobs report that further hits treasuries might start to effect stocks negatively. While the market usually goes higher when treasuries are falling at some point higher rates start to effect the market and the economy. I believe we are nearing that point.

2 comments:

nicasurfer said...

Unless we stop the printing presses the Fed may be the ones holding the bag.

Gold to $5000 by 2015

nicasurfer said...

With these pathetic job numbers it sends a message that more qe is needed. This could really hurt treasuries.

We are getting very close to a cross roads.

It is as if you have to be long as an inflation hedge