QBE and 30 year Govt yield
QBE and the correlation to the Govt 30 year yield is showing why the rally in QBE could be sustainable, if you believe the
US Fed is going to raise interest rates in the near future.
The QBE and Govt 30 year yield chart overlay shows the breakout in QBE with the 30 year yield.
The Weekly chart of QBE (below) shows the Gap being closed, potentially to $15.44