Chris, I’m curious about your “big-picture patterns” causing a “major low in price” that’s coming “shortly”.
It sounds enticing and very mysterious, but it doesn’t give me much help in seeing what you’re thinking. What patterns do you have in mind? How high will the 10-T rate go? How soon is shortly?
Doubtless the 10-T rate will be higher at some time in the future than it is today, and that’s a big thing, so doubtless it will have a big reason, and the time it takes will be short on some time scale. But I know that kind of meaningless prediction is not what you’re saying.
Forgive me if you’ve already spelt all this out elsewhere on this blog, and please point me there.
