For all we know the Fed might be afraid of inflation, and stealthily involved in raising 10 year rates without saying anything, for fear of starting a panic sell off. I’m sure they know the “punch bowl” has to be pulled back. The rate has been sneaking up quietly since August. Gold dropping since August. Coincidence?
https://finance.yahoo.com/quote/%5ETNX/community?p=%5ETNX
Below click on “1 year” to see August low on rates.
https://finance.yahoo.com/quote/%5ETNX?p=%5ETNX
Click on 1 year to see August high on Gold.