$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 tookTNX 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 toSPX) for yields perhaps long 3% is a good idea! but imo the easy money on yields has been made by now.
TNX is likely entering a phase of sideways consolidation before another leg upLast 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.
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