Re Rates on a system I use I have them topping on daily charts, which means it may just be a hesitation, as opposed to a major trend change….but Adens are saying they are topping as well and that on their O/B indicator, they are at a 20 yr Hi, ie at a major extreme.
Re Nem…v good point, locking in a 3.5 yield in a sector that could explode, is a v tempting trade.