Global 10Year Yield composite

As we approach day of the new year I'd like to take note on the significance of watching all global 10y benchmarks. The way these develop in a composite will give a cleaner trend based picture as to where central banks are "movving"

Near term out look: Neutral ( IE nothing that marginal pull backs in the periphery give way to better entry on financial equity stocks( JPM , WFC )

Long term out look: Bullish with a defensive fed likely to guide through potential "Tapering"
Trend Analysis

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