Rates set to make new highs?

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Rates set to make new highs?United States 10 Year Government Bonds YieldTVC:US10YbenjihyamIf we look at a long term chart of 10 year yields, it looks like we've broken out of a 3 year bull flag and look set to move higher. I could see a move all the way up to the ~8% which would be the 50% retracement of the prior high from 1981. Let's keep an eye on this over the coming months...