Still a secular bull market for yields

Hate to disappoint you fixed income bulls
We are in the early stages of a secular bull market for yields (started 2020) as inflation will prove persistently bad
There may be pullbacks along the way but the path is higher
Long bond yield>10>50>200 ma

Komentarz:

30 yr yield now 4.20%
Next stop 4.40%
Coming months 4.70% is my med term target

Komentarz:

US 30yr yield now at 4.40%.

Could get a pause but looking for 4.70% further out over coming weeks/qtr.

Komentarz:

Another month goes by and yields another 10bps higher on the long end. Still looking for 4.70% before end of year.

Komentarz:

30yr yields now over 5% and could make it to 5.25%
I called this 3 years ago and folks are still trying to fade it