The rebound in longer-term rates since October - the yield on the 30-year T-bond rose as high as...

|By:, SA News Editor

The rebound in longer-term rates since October - the yield on the 30-year T-bond rose as high as 4.62% last week before pulling back a bit - has chart mavens saying that a yield above 4.7% would break the long-term trend line back to 1987. A rise to 4.85% would push it above April's peak of 4.84%, which would confirm the end of the secular bull, Jefferies' John Spinello says.