LYC 1.02% $6.94 lynas rare earths limited

Technical, page-1198

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    Bound prices.
    The US treasury 5 year bound went over 3 % to day first time since 2018 and then it was only for a month or so 10/1 to 11/5 and it dropped below 3% several times during that period. Before 2018 the you have to go back to sept 2007 to find rates that High, So now the 5 3.02%, 10 3.03%, and 30 3.18% are all over 3% which has not happened often.

    I wish lots of luck to any one that does not think this is important to the future prices of all stocks Including Lynas. So far this year Dividend stocks as a group are up 10% they will do better than most stocks but as bond yields go up they two will be hit.

    I expect a big jump in bound yields after US CPI is released this Friday. Will not be instant it will take a few weeks to see full impact.

    Last edited by ContraryJ: 07/06/22
 
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