
This is one of the most important charts right now.
"US 20Y BOND YIELD."
It's getting closer to breaking out of its 2.5-year downtrend.
Monthly RSI is also about to break above its 3.5-year downtrend.
For bullish momentum, this needs to be rejected, similar to May 2025.
And if a breakout happens, it would be bad for stocks and crypto.
This is because rising long-term bond yields have been a leading indicator of recession.

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