US 10Y yield: Triangular Consolidation, next 6-7%

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I’ve spotted a well-known triangular pattern forming on the US 10-year Treasury yield.
This appears to be the development of a large Wave 4.

Wave E of Wave 4 may still be unfolding.
Watch to see if it holds above the Wave C low at 3.9%.
A breakout above resistance near 4.7% would confirm the pattern.

The target zone is set between the 38.2% and 61.8% retracement levels of Waves 1 to 3,
highlighted with a blue box between 6% and 7%.

Could tariffs cause a major spike in yields—or will something else trigger it?
Share your thoughts in the comments below.

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