TVC:US10Y US Government Bonds 10 YR Yield
This is temporary until we see some serious abatement. This pull back is flight from equities driven bonds catch a bid. iF THE REAL economy doesn't improve soon then the bonds only support is flight from worse outcomes. Also the fed run off will support yields in the medium term as it constitutes a supply increase. So if persists and liquidity dries up from fed tightening yields may move sideways.....and break the older channel. Go gold . I was long TBT for quite a while but that play is uncertain here.
Trade closed manually: Another burst due to increase in FED QT schedule.