Biblical Breakout In 10-year Yields

via Global Macro Monitor

Breaking out of an almost 40-year downward channel.  Don’t think higher rates are about to enter the “promised land” with public debt over 100 percent of GDP

The number forty can also represent a generation of man. Because of their sins after leaving Egypt, God swore that the generation of Israelites who left Egyptian bondage would not enter their inheritance in Canaan (Deuteronomy 1). The children of Israel were punished by wandering the wilderness for 40 years before a new generation was allowed to possess the promised land. Jesus, just days before his crucifixion, prophesied the total destruction of Jerusalem (Matthew 24:1 – 2, Mark 13:1 – 2). Forty years after his crucifixion in 30 A.D., the mighty Roman Empire destroyed the city and burned its beloved temple to the ground.  – BibleStudy.org


UST10Y (8 month) 4 to 5% coming?