US 10-Year Treasury Yield re-testing 52-week high breakout zone

TVC:US10Y   US Government Bonds 10 YR Yield
US 10-year yields are slamming back down into the 1.72 breakout zone going back to March of 2021. We're at a logical spot to bounce, but beware of a continued move lower just as the prevailing opinion is that interest rates must rise.

Losing 1.70 and holding below on a closing basis would be an important change of character.

Evan Medeiros
Founder, Trade Risk
Website: www.thetraderisk.com
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