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.
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.