Bank of America stock chart flashes bearish signals galore

``The selloff comes as the yield on the 10-year Treasury note, -0.42%  slumped to a three-year low of 1.639%, as part of a global bond rush that pushed yields on several government benchmarks to record lows. Lower long-term interest rates can hurt banks' earnings, as they narrow the spread between what banks earn by funding longer-term assets, such as loans, with shorter-term liabilities.''