From my friend @THEFIBOCALL with his comments on the 10 year note
I wish I had a dollar for every TV analyst that has mentioned that rates are going higher.
Yes, rates have been rising since the September low @ 2.04
Our long term chart has lower highs since the 2006 high.
Is the 10 year note yield going to clear the December 2016 high @ 2.593 ?
No one knows for sure, but you will hear rates going to 3-3.5% in the weeks to come.
I am a show me guy and a CLOSE above 2.60 before I believe that rates won’t roll back again.