While many of the Tenters are focused on the near term weakness owing to the technical damage caused to the miners’ charts, the focus, IMHO should be on yields.

A rise in Japanese yields was the last thing this market was expecting. Methinks, the macro picture will change even more, as the Fed is now “forced” to not only raise rates, but may be by a quarter percent more than what the “analysts” … cough cough … are expecting.

https://www.zerohedge.com/markets/miserable-20y-jgb-auction-tails-most-1987-adding-bond-gloom

Edit: Sir FGC already shared a TNX chart here, so again I spoke without reading through the entire forum, my bad.

RE: “INTERESTING” CHART

GL