US Treasury bond yields have been moving higher for the past 4 years.Furthermore, the rally marks the largest 200-week rally in 10-year yield history. Wow!So today, we ask, are yields tired after this big run-up? Is it time for a pullback?Today’s chart highlights the 564% rally over the past 200 weeks. Incredible.So it seems likely that yields will need some consolidation/pullback soon. And it’s noteworthy that a big test of resistance remains overhead: the 2007 financial crisis highs.Yields would need to breakout over that level for investors to think that yields are headed substantially higher.If yield breaks out here, the next long-term Fibonacci extension level suggests rates could head toward the 6.5% level! (Click on image to enlarge)
Silver Rally Nears Important Breakout Price ResistanceSemiconductors Could Be Rolling Over At Key Fibonacci LevelTech Stocks Struggling At Double Top Fibonacci Resistance
