=> Smart money is afraid of returning and therefore selling bonds is the go-to. This is causing yields to rise and because we are reaching the end of the road on , Central banks won't be buying bonds anymore and want to diminish their positions in order to clear up the balance sheets.
=> Whitehouse needs are no longer going to be met by the FED so investors will have to supply the money and at 3% they are not very willing.
=> Expecting fireworks across the board for this Quarter with all eyes on 3.22
=> As you all know, higher yields will compete with equity returns making bonds on the longer end more attractive ....
=> Good luck all those tracking the US 10 year