RATES DOWNUnited States 10 Year Government Bonds YieldTVC:US10YMonetaryRebelAnybody looking to refinance a loan? The chance may be yours later this year (assuming credit is available and banks are lending...) The 10Y broke down this week officially. Broke below the channel Broke below the 200 weekly sma. WOW and closed below it just now. This means recession is here right now. Rates break down like this at the beginning of downturns, or after downturns have already begun. Equities are beginning to price this in. Expect -25% at least in the indexes (SPY, QQQ, DJI) Expect even larger losses in companies that are highly leveraged with debt and tied to Ai. I am in cash, and Puts. (Not financial advice)