Bernanke promised to keep interest rates low ...

by valeriobrl | December 26, 2009 at 06:00 am
146 views | 4 Recommendations | 2 comments

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TNX daily 24Dec09

TNX daily 24Dec09

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uploaded by valeriobrl

...but I´m not so sure He will keep the promise.

Here my chart show that TNX (10 Year treasury note Yeld) breakout the bull flag and pointing up.
With the money moving from bonds into stocks, falling bonds prices push bonds yelds higher, so will be hard 4 Ben to keep "The" promises of low interest rates.

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3
snuffysmith

Bernanke is in lock step with Wall Street who can't afford to see interest rates rise.

0
valeriobrl

...another reason why I'm playing the long side on gold now :-)

http://hopersomianonna.blogspot.com/2009/12/gold-daily-feb-gcg10.html

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snuffysmith
First Flagged at 8:00 AM, Dec 26, 2009 by snuffysmith
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