cryptodads

10 year yield

There was a clear breakout and confirmation of this trend line.  This is also creating a bull flag as it retests the trend line.  Probabilities are that this is winding up for another big move up.  

If this rate spikes up, it could mean bad things for other markets.  A significant spike here could be caused by trade tensions heating back up.  (The recent jump up in this rate was caused by other countries dumping our debt.)  

Looking further out, if things got really ugly here it could trigger the fed to start QE to buy our own debt.