Ten Year Itch

Phil Connors: Do you ever have deja vu, Mrs Lancaster?
Mrs Lancaster: I don't think so, but I could check with the kitchen.
--Groundhog Day

Most important chart in my world continues to be the 10 yr yield chart. It blasted above 2.80% this morning.

Yes, stochastics et al suggest this particular move is getting toppy. Then again, stocks have made relentless multi-month move with stochastics twisting high all the while.

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