10-Year US Treasury Note Yield Pierces 3% Resistance Level (Again)

By Anthony B. Sanders

Oil Rising! (And No Mountains In Ocean City, NJ)

Here we go again.

The US Treasury 10-year yield has pieced the 3% resistance level … again.

3%sol

And then promptly feel below 3% resistance level again.

3yresis

Meanwhile, oil keeps rising. And gasoline is up almost 20% year-to-date.

commod050918

On an amusing note, this story appeared on Bloomberg this morning about Ocean City, New Jersey.

jerseytown.png

I was born and raised on the New Jersey shore and snow-capped mountains were not near the Jersey shore. Nice editing.

Here is a more realistic postcard from Ocean City.

ocnj.jpg

Published by

Gary

NFTRH.com & Biiwii.com