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The screws are tightening

By Brian Catalucci Posted on May 15, 2018, 12:43 am EDT Last Updated May 15, 2018, 12:43 am EDT

The 10 year treasury hit 3% today and 2 year treasuries haven’t been this high since back in 2008.  Is the 5,000 year low in rates behind us? Let’s just say I don’t think we’ll see these lows again in my lifetime. If you are considering selling your house this could be your last chance as once the bonds start to collapse rates can double very quickly.

The DOW had a light volume day but it did refresh its bullish impulse leg on the hourly.  According to the SEC there is over $3 trillion sitting in money market funds. You can be sure this money will be waiting to jump in when the markets end their consolidation and decides to make its next move.

  • David Isham May 16, 2018, 12:17 am

    Jim – I hope you are Rick are right… that the 34+ year bull market in Bonds will continue. The Pension funds need 8% just to break even and these crazy low rates are bankrupting those pensions.

  • John Jay May 15, 2018, 10:28 pm

    Well Dave, the Federal Government has a big Ace up their sleeves as far as interest rates on their T paper goes!
    They could always make their interest “Tax Free” from your Federal Income Tax!
    That action would royally screw the Muni Bond Market, but, most of that Muni Paper is already worthless in reality!
    My guess any “Tax Free” T Paper would carry an interest rate 30% less what they are paying now.
    Great stop gap move before they hit the Federal Reserve Bank owners with a massive RICO indictment and turn a 20 Trillion minus to a 20 Trillion Plus!
    I am certain the Plebs would cheer that idea!
    Call that a “Romanov Moment”!
    The more wealth the top 1% gathers, the more obvious the “Solution” will become!
    LOL!

    • David Isham May 16, 2018, 12:14 am

      I think there’s a better chance Keebler Elves show up at your doorstep tomorrow morning with a pot of gold than there is of the private shareholders of the private Federal Reserve getting charged with a crime.

  • none May 15, 2018, 9:09 am

    Uranus enters Taurus 84 year cycle starts 05152018 = 11:11

    Jun 6 1934 – May 15 1942 (not including Oct 10 1934 – Mar 28 1935 or Aug 7 1941 – Oct 5 1941)

    Uranus enters Taurus 1934 and Hitlers rise to power.

    Uranus in Taurus 1935 FDR the new deal

    Uranus enters Taurus June 6 1934 Agriculture and land disruption (While “black blizzards” constantly menaced Plains states in the 1930s, a massive dust storm 2 miles high traveled 2,000 miles before hitting the East Coast on May 11, 1934)
    ——————————
    Uranus in Taurus, 1000 – 2100 AD

    May 17 1013 – Apr 14 1021 (not including Oct 22 1013 – Mar 7 1014 or Jun 26 1020 – Nov 10 1020)

    Apr 28 1097 – Mar 25 1105 (not including Nov 19 1097 – Feb 11 1098 or Jun 7 1104 – Dec 4 1104)

    Jul 15 1180 – Feb 25 1189 (not including Aug 12 1180 – Apr 12 1181 or May 21 1188 – Jan 3 1189)

    Jun 6 1264 – May 5 1272 (not including Sep 22 1264 – Mar 25 1265 or Jul 28 1271 – Sep 30 1271)

    May 16 1348 – Apr 18 1356 (not including Oct 17 1348 – Mar 7 1349 or Jul 1 1355 – Oct 30 1355)

    Apr 26 1432 – Mar 29 1440 (not including Nov 14 1432 – Feb 10 1433 or Jun 10 1439 – Nov 24 1439)

    Jul 11 1515 – Mar 3 1524 (not including Aug 12 1515 – Apr 9 1516 or May 23 1523 – Dec 23 1523)

    Jun 12 1599 – May 15 1607 (not including Oct 2 1599 – Mar 31 1600 or Aug 9 1606 – Oct 2 1606)

    May 21 1683 – Apr 28 1691 (not including Oct 28 1683 – Mar 12 1684 or Jul 10 1690 – Nov 4 1690)

    May 3 1767 – Apr 8 1775 (not including Nov 29 1767 – Feb 15 1768 or Jun 19 1774 – Dec 2 1774)

    Jul 8 1850 – Mar 14 1859 (not including Sep 3 1850 – Apr 16 1851 or Jun 2 1858 – Jan 1 1859)

    Jun 6 1934 – May 15 1942 (not including Oct 10 1934 – Mar 28 1935 or Aug 7 1941 – Oct 5 1941)

    May 15 2018 – Apr 26 2026 (not including Nov 6 2018 – Mar 6 2019 or Jul 7 2025 – Nov 8 2025)

    Have a great day today and all that come along.

  • Jim B. May 15, 2018, 8:50 am

    FYI……..Money market, mutual fund & Institutional cash levels are at an all time low.
    In addition, we currently have the greatest spec short positioning in the dollar,bonds……. its massive. Everybody and I mean everybody thinks the bond bull is over…………. if you think we won’t see these lows again…… think again. Rates are going much lower


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