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rimshot

10/12/18 12:45 PM

#20978 RE: rimshot #20977

on rising interest rates and the equity market
Bob Pisani
@BobPisani
2 minutes ago

UBS on rising rates and stocks: "the costs of rising interest rates are manageable and will only be felt slowly over time...
we highly doubt that the move in rates has been large enough to prompt businesses and consumers to pull back on investment spending."

my live-updating weekly chart for the US Treasury 30-year Bond
Price value with others that are related

* the bond price is now bouncing from a price level which
also represents the pullback low area evident
in 2011, 2012, and 2014 on this weekly chart

* this same 30-year bond price value was major horizontal resistance in 2010

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