Paid To Wait - Part 1

Big Picture view on US 30Y Bond & why I see this as last chance to get PAID TO WAIT in high yielding bills, notes and bonds for a few years.

US 30 Year Bond Chart In Focus

I want to expand on a theme that accompanies my "lower yields, lower oil, lower equities" trade I have been presenting to clients past few months.

If I am right, and bonds continue higher with stocks lower, then not only will the four-year long basis trade of Short Treasuries/Long Nasdaq be unwound - perhaps at an accelerated pace - but my related warning will ring true:

"it is likely a last chance to get PAID TO WAIT in high yielding bills, notes and bonds for a few years."

Let's Talk About my 30 Year US Treasury Bond Chart