TVC:TNX   CBOE 10 YR TREASURY NOTE YIELD
Weekly chart of US 10 year bond yield. Rates bottom around RSI 38.2 at the end of July 2021. RSI is currently approaching 50 level where there is resistance as was the case in Dec 2019. RSI 50 also provided support in Aug 2018. So, that level is significant. If RSI is able to move above that level, it would show clear intent that rates want to go higher, which would be negative for tech stocks

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