Monthly UST finishes February with a bullish hammer, and now postures to continue upward. Boy, how many inflation bulls, momentum fly boyz and general casino patrons could the bond catch off sides if it rises? You of course know who needs the bond to remain intact in order to continue the inflation in force for decades now.
More riddles I know, but that is what the markets are. Don't think for a minute you can quantify everything in conventional financial industry lingo; you can't. Still, nothing (including the USD) is yet resolved. Here, let's throw in a chart of the 10 year's yield for more perspective.
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