Kimble Charting Solutions: Interest Rates At Short-Term Lows; Are Bonds Peaking?

July 10, 2019 Bob Weir Economic Insights, Industry, Kimble Charts, Technical Pundits

Everyone is speculating on whether the Fed will lower interest rates at their July 30-31 meeting. Kimble thinks they could, and even do so today, especially if they were to analyze his chart that is presented below:

Ten-year Treasuries have declined 31% over the past 7 months, with their yields approaching 2017 lows. Historically, this magnitude of decline denoted that rates were actually closer to short-term lows than to highs. If yields are at short-term lows, then bond prices are at short-term highs.

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About Bob Weir 329 Articles
Bob Weir has over 50 years of investment research and analytical experience in both the equity and fixed-income sectors, and in the commercial real estate industry. He joined eResearch in 2004 and was its President, CEO, and Managing Director, Research Services until December 2018. Prior to joining eResearch, Bob was at Dominion Bond Rating Service (DBRS).

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