@scottmelker Not bad at all. It can go much much higher before something actually breaks. Look at all the consolidation before it, did anyone think it was going to break down??
The 10Y yield is now at around 5.3%
Yields have gone up rapidly since the market became concerned that the Fed was no longer taking inflation seriously.
Well the bond market has revolted, and until the Fed gets a proper handle on inflation, this will likely continue.