YIELDS TIGHTEN AS WEDGE NARROWS

Yields are a big part of the market equation, some would argue rising yields are "sign of strength in economy".

The FED will even say that out of the other corner of their mouth, but they began this round of QE with attempting to LOWER YIELDS, helping make housing more affordable....how'd that work out?

All the action is taking place above the 200 SMA, and I find that bullish action suggesting better chance we see break to upside.

With moutain of unsustainable debt looming over the world, especially here, how will HIGHER yields help?

In the meantime the FED continues their abusive policy of screwing savers with near 0% returns...how's that working out?

D