stagflation pattern or parallel channel

TVC:US10Y   US Government Bonds 10 YR Yield
rate is moving up in yellow parallel channel
lower yellow line is working as perfect trend line
in recent may fomc fed has said he neither see stag or flation
if there are no hike in future then lower trend line must break
if second wave of rate hike is coming then trend line must hold and it can go up 5%


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