Chart of The Day – June 1, 2020

By: Chris Wenner in Charts 06/01/2020

After an extreme period of heightened volatility in interest rates, yield movements have been quiet.  The 10-yr has lived in a narrow rectangle between 55 & 85bps for over two months.  On the upside, watch 70bps (would be a break of the downtrend from March 19th’s 1.15% yield), and also 85bps (breakout of the rectangle).  On the downside, watch 54-55bps (breakout to the downside of the rectangle).  Either way,  another period of heightened vol in bond land would not be surprising.  Watch our 10-yr in particular.

CW

 

By: Chris Wenner

Managing Director

Jonathan Molchan

Wennco's innovative strategies and robust OCIO capabilities are designed for RIAs, Family Offices, and high-net-worth individuals.

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