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USD 10 yr yields break out to new 52 Week Highs @2.64%. We can be looking at yields crossing 3-3.2% in 2018. Has big implications for funds flow into emerging market equities.
Recently broke through 2.4% resistance. May test 2.6% if the FED takes a hawkish tone in December. Interesting times ahead for the Bond market. The rising yield has impact on the emerging markets as well.