New high in yields by November?

Updated
I don't think anyone is expecting this, but I think we're setup for yields to hit new highs this year.

The chart indicates yields are breaking out to the upside again, and this move could be a strong one.

I think we're setting up to see a new high in yields by November topping somewhere between 5.35%-6.40%.

Let's see if it plays out.
Comment
Think we're about to see this move play out
Comment
Bought a shitload of TLT puts and puts on the indices this morning.
bondsPivot PointsSupport and ResistanceTrend AnalysisUS10Yus10yr

Also on:

Disclaimer