Is it time to pay the Piper? US 10yr Bond yields converge on 3%..
US 10yr Bond yields weekly momentum remains INCREASINGLY BULLISH, as it has since mid-Q4. It should reach the 3% level shortly - which may provide some psychological resistance before a BO to even higher levels. IMHO.
The MACD formed a bullish up-cross during early-Q4, with the Histogram under positive expansion since. PA should continue to break higher from here. The Stochastic has formed bullish higher-lows since mid-Q4, and should enter the bullish continuation region (>80.0) over the next couple weeks. A bullish looking chart.