US 10 year yield (Jan 14 preview)

I believe that the break below this multi-year support line of treasury yields is a very positive indication for global equities rather than a signal of “return to safety”. chart:

10-yr treasury yield (Nov 26)

10-year note yield falling below the uptrend and psychological line of around 3% will lead to increasing note technical buying. Time will show if lower rates will start supporting the stock market or if the stock market’s weakness is the trigger behind the increased attractiveness of US government bonds (and respective drop of their yields). […]