Elliot would have bond yields for a correction now.

136
Out of the low we have 5 clear waves up. We've got the big spike out 5 and also around this time we have a mass acceptance/expectation of the rally in this going further.

This looks like a breakout, it looks like it's going higher - but in the EW cycle it would be due a sharp down first.

(This is TA. Not a fundie forecast, but news sometimes catches up)

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