10 Year Interest Rates TNX have broken out strongly to the upside, reaching a new 2018 high of 3.16%, a big money sold the 10 year maturities today.
For a 10 year return, backed by the full faith of the US the return of over 3 % a year, relatively risk free, for the next 10 years, may prove to much to resist, for those investors not comfortable, with the high risk of the inflated stock market.