Preferred view is that 10 year yields are consolidating in the form of a bullish triangle wave (( 4 )) with current leg B being part of wave ( D ) with a C higher toward 2.86 expected before we get the (E) dip. Ideally the current dip should hold above ( C ) wave low @ 2.61% but only below 2.579% low would negate the triangle idea.
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