A vivid thought about TNX longtermI don't know much about macroeconomics rate, bonds, and such mumbo jumbo. However, I like to draw pretty drawings with lines and use colorful colors.
US Stimmies and re-opening economics after the covid-era might trigger an increase in inflation, increasing rates on loans. So, a 10-year treasury yield prediction at 2% doesn't sound far-fetched, maybe even 3%?.
I will have a close eye on this chart for a while.
Fluff