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Still Lower Highs in 10-Year

Still Lower Highs in 10-Year

Jon Najarian

From my friend @THEFIBOCALL with his comments on the 10 year note

I wish I had a dollar for every TV analyst that has mentioned that rates are going higher.

Yes, rates have been rising since the September low @ 2.04

Our long term chart has lower highs since the 2006 high.

Is the 10 year note yield going to clear the December 2016 high @ 2.593 ?

No one knows for sure, but you will hear rates going to 3-3.5% in the weeks to come.

I am a show me guy and a CLOSE above 2.60 before I believe that rates won’t roll back again.

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