https://quotes.fidelity.com/ftgw/fbc/ofquotes/mmnet/Charts?SID_VALUE_ID=.IRX&navBar=true
looks to me like it is getting ready to break out to the upside.
short term rates should move quickly then up to 1.0 , and the fed will be forced to hike.
Could be bear.
Looking at a chart of IRX going back to different time frames is pretty wild.
6 months below.
1 year below
2 years below..........you can see EXACTLY what COVID did with the plunge coinciding exactly with the first surge.
5 years below.
30 years below
the 10yr yld never goes above 2.000 in your life time. Suckle on that juice-
embrace the flower smell