Farmers Face Coming Shortage

Could the Trend in Commodities Be about to Change?

 

 

 

Today’s chart 2-pack looks at long-term “monthly” charts of the Thomson Reuters Equal Weight Commodity Index and the 10-Year US Treasury Bond Yield.

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Over the past decades, Commodities(NYSEARCA:DBC) and Yields have shown weakness. The Commodity Index has managed to hold its Financial Crisis lows, while bond yields have followed a falling trend line lower.

BUT something very interesting happened this year: Both bottomed and reversed higher at the same time at each (1).

This might be nothing or it could be something! The Commodity Index is now trading near 5-year highs with bond yields on the rise. Perhaps this is a sign of better days ahead.

Are commodities about the “Let The Good Times Roll?” Stay tuned!

This article was first written for See It Markets.com. To see the original post CLICK HERE.