This aligns with other signs for risk off imminently
JPY crosses have rebounded into decent Fib retracement zones
SPX looks to be out of steam and more interestingly China A50 has met Fib retrace and filled New Year gap
Bond yields also looking like they have had their momentary bounce for now and about to head lower s/term
Risk happens fast.
Looking for a bounce in risk assets (and hence yields) shortly as very overdone from the sell off of the last 2 weeks.
Longer term we could still potentially see sub 1% yield on the Ten Year Note.
The system is broken thans to the central banks