by Greg Schnell, CMT, Stockcharts.com Blog
It was exactly a year ago on December 31, 2013 that the long bond bottomed.
It continues to make higher highs and higher lows. Even the MACD shows no divergence yet. It was an interesting year. Who would have thought the 2 biggest leaders in the bond world would be leaving PIMCO? This chart surprised a lot of people every month.
Wishing you a happy and healthy, prosperous 2015,
Greg Schnell, CMT
