$tnx entering sideways consolidation

US10Y, aka TNX is likely entering a phase of sideways consolidation before another leg up

Last time it came out of a bear market bottom, it took TNX 11 years to clear the 4-5% area for good and begin its long term uptrend phase...

11 years that SPX used to compound gains of 180%

(long pertains to SPX) for yields perhaps long 3% is a good idea! but imo the easy money on yields has been made by now.