James Turk BlogJames Turk BlogJames Turk BlogJames Turk Blog
  • Blog
  • About
    • About FGMR
    • James Turk
    • GoldMoney
  • Books
    • The Collapse of the Dollar
    • The Money Bubble
Next Previous

Interest Rates

James Turk 10 August, 2009

August 10, 2009 – On July 13th traders sold short the 10-year T-note. The yield on the T-note at the end that day was 3.38%. Stop out this T-note short-sale if its yield closes any week below 3.46%, or on any Monday-to-Thursday below 3.34%.

T-note yields have climbed since my recommended short sale, and closed Friday at 3.86%. So the present yield is fairly far from my stop-out point. But the yields on government debt instruments have become volatile, given the huge surge in federal spending in recent months. The federal debt is totally out of control, and over time, T-note yields will rise as a result. I expect that yields will accelerate upward once the 4%-4.12% barrier is broken, which represents a key resistance level.

ABOUT

FGMR My objective is to share with you my views on gold, which in recent decades has become one of the world’s most misunderstood asset classes. This low level of knowledge about gold creates a wonderful opportunity and competitive edge to everyone who truly understands gold and money.

RECENT POSTS

  • Heading Toward the “Tipping Point”

    In an article last year entitled “Bankruptcy 1995 Revisited”, I presented a

    17 April, 2019
  • "bankruptcy 1995" revisited

    “Bankruptcy 1995” Revisited

    In 1992 a book entitled “Bankruptcy 1995: The Coming Collapse of America

    15 March, 2018

RECENT TWEETS

  • Measures of #inflation by private sources are more reliable than US gov't stats. The true impact of #federalreserve… https://t.co/1q9wrtUOXn

    2 days ago
  • Both #gold & #silver are moving higher this morning. Downtrends clearly broken. Maybe this is the start of their br… https://t.co/WGDUggKUQp

    5 days ago

TAGS

bitcoin bonds central banks currencies debt dollar doug casey ecb economy euro fed gold greece hyperinflation inflation markets mining stocks MMGA oil Politics QE recommended silver stock market trading Trump usd us dollar Washington
Copyright © 2001-2016 Free Gold Money Report | All Rights Reserved
  • Briefcase
  • FGMR
  • GoldMoney
  • James Turk
  • The Collapse of the Dollar
James Turk Blog