Ten Year Yield - TNX - Forecast UpdateCBOE 10 YR TREASURY NOTE YIELDTVC:TNXRogueEconomicsI am using elliot wave theory to track a significant triangle correction on the TNX - The CBOE 10 year treasury yield benchmark. Fundamentally, this was a significant triangle correction taking over 2.5 years to date, and potentially taking 3 years to complete. Also we have to remember that in elliot wave theory, triangle corrections are only allowed in certain places. Specifically, in Wave B, In Wave 4 and in certain places complex triple corrections such as Wave Y. Thus this informs my elliot wave perspective. - The time involved here must be a large degree. Hence why I labelled it as primary degree. Also, although the point values look small with a move from 1 to 2 percent seeming small in numeric terms, the percentages involved are huge because a move from 1 to 2 percent is still 100% in percentage terms. - The correction outlined above as Wave 4 - can only be a wave 4 because it is a triangle and the only possible interpretation in this position is a wave 4. This means that the move that I am predicting will be an upthrust - meaning rates go higher from here - and it will be a wave 5. The guidelines for Wave 5 are 100% or 61.8% of wave 1, so I have chosen a move of parity value with wave 1 here. Which is a significant upthrust. My view is that this will be related to a resurgence of inflation and will precede a significant crisis. Because this is the only reason interest rates would go down. My expectation is that the triangle will end early next year, the upthrust will begin end of first quarter, and this will be a significant rates/inflation panic, coming to a conclusion sometime around 2029/2030.