Rates Ready To Plunge?

By Tim Knight of Slope Of Hope

Friday, August 9, 2024 2:54 PM EDT

Amongst my watch lists is one I rarely bother viewing called Rates, where I’ve got 21 different interest rate charts. I wandered in there today and noticed something quite interest: rates seem to be forming their own very impressive topping patterns, similar to what happened before Covid.

If these patterns complete – – and, for the government’s sake, I hope they do – – it would seem to me interest rates are about to go into a free-fall.

(Click on image to enlarge)

So, what if that happens? What investments will do well? I think a conservative place to look would be the giant bond funds, such as TLT or, shown below, IEF.

(Click on image to enlarge)

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I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit ...

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Rates Ready To Plunge?

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