The top tick on the last go-round was 1.7650% on Mar 30, 2021 and that was before six months of inflation prints (with #7 coming next week).
From Slope of Hope yesterday, i.e. before this morning's additional bond weakness—which is happening despite the lousy jobs print:
Below is TLT, which continues to crumble away as the world realizes lending money to a failing nation isn’t a great idea. Get ready for higher interest rates, higher inflation, and a plunging Fed reputation.
While he charts the ETF we prefer the futures and the CBOE 10-year index but they all gets you to the same place.
