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10-year yield caught in a bullish pattern.
TNX
, 1D
Long
TNX: 10-year yield caught in a bullish pattern.

The idea that yields could surpass the 2023 highs is unfathomable to some. However, technicals suggest yield on the 10-year treasury could rise above 5% if the pattern is confirmed.

10-Year Treasury arrives at resistance
ZN1!
, 1D
Short
ZN1!: 10-Year Treasury arrives at resistance

The 10-year treasury has rallied for the better part of two weeks, with no testing of the triangle pattern which it has traded in for several months.

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