Interest rates continue to dominate our recent research. And rightfully so. Big swings in interest rates have ramifications for the domestic and global economy.

Whether it is falling bond yields/interest rates in China (as we highlighted last week ) or rising bond yields/interest rates in the U.S. (as we highlighted this week ), it is important for investors to follow the bond market.

Today, we look at elevated Germany 10-Year yields, on a long-term “monthly” basis.

As you can see, German interest rates are trading at the top of a 44-year falling channel.

This falling channel has held at resistance for more than 40 years.

For bond bulls, this would be an excellent place for yields to peak!

If not, a new bullish trend for yields would be in play.

In my humble opinion, it might be important what happens here. Stay tuned!