Relief Valve

Better get yourself together
And hold on to what you've got
--Miami Sound Machine

Recent shallow pullback in 10 yr yields doesn't look like much, but it has been enough to relieve some of the near term 'overbought' technical pressure. Stochastics et al no longer twisting high.

Conceptually, I like to think about this as adding 'potential energy' to another possible thrust higher.

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