As we said before over the past 4 weeks, something has to give. And as of yesterday, it is the 10-Year treasuries that have started to break out, and the yield breaking support at 1,70% will likely go down towards our 2016 target of 1,40%. All short term technical indicators for the $TNX are in declining trends, RSI, MACD, 20-, 50- and 200-day moving averages.
