This chart is a 5 plus year long chart of interest rates for the 10 year bond. Would you bet long or short on this chart pattern? Note, “29” is 2.9%. Double top? Near prior resentence?
This chart is the cost or price of the 10 year Bond. Cost goes up as rates go down. Does the chart suggest the start of a major correction? (higher rates) Or a typical dip in a long term bull market? (continued lower rates)
https://www.mrci.com/pdf/ty.pdf
Place your bets.