Half-Hearted Correction Continues

Half-Hearted Correction Continues Don’t call it a correction.  Yields may have rallied 30bps in just over a week and apparently bounced almost perfectly at 4% (10yr), but they haven’t exactly done much over the past 2 days. It’s just as fair to say things are „sideways and waiting for guidance,“ but the cautious approach is to respect the almost-too-obvious technical patterns in play since July. Specifically, bo…