TVC:US10Y   US Government Bonds 10 YR Yield
the fall started from 15% in Oct' 1981 until 0.533% in Jul 2020 has formed a parallel channel.


Though the rise has been sharp and with very little consolidation.

However it may start consolidating from 6-8%
retracement from that may not be much, however time correction is needed as bond yield has increase too much in little time.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.