11.17.20 2 Reasons Long-Term Rates Could Continue to Rise
Fixed income investors aren’t used to having to deal with the volatility of stocks, but in the year that is 2020, that is exactly what has happened thus far. Unfortunately, while we don’t see the volatility of Q1 2020 continuing in 2021, we do believe that interest rates may continue to rise in 2021, and this may put more near-term pressure on bond returns.
Two technical reasons lead us to believe that the yield on the 10-year Treasury note has not only bottomed, but could be headed higher in 2021.
Inverse Head and Shoulders Pattern
One of the most well-known patterns in technical analysis is the Hea... Read more