CHART OF THE DAY: Bullish Yields Continue Breaking Out

Instead of hearing narratives that might be easier to understand (but can be dead wrong), why not see what’s obvious in both the SIGNAL and DATA numbers?

Before we do the WHY (i.e. the ROC data), let’s just do what I just wrote down in my notebook (i.e. the WHEN):

1. UST 10yr Yield confirms its recent Bullish TREND Breakout Signal with higher-highs in the RR up at 4.36%
2. UK 10yr Yield confirms its Bullish @Hedgeye TREND Signal and is up another +8bps to 4.43% this morning
3. Germany’s 10yr Bund Yield just broke out to Bullish @Hedgeye TREND, +4bps to 2.43%