10 Year Yield primed for explosive break out

As the Japanese carry trade unwinds with BOJ having no alternative than to raise rates after decades of real negative rates we expect over 1.3 trillion dollars of Japanese holdings of US treasuries to hit the market along with another 800 Billion Chinese holdings. The 10 Year note is consolidating in a pennant formation which indicates yields rising to a minimum of 10% but chances of rising to 16% to completely retrace the corrective decline. Nasdaq reaches its 55 year Fibonacci run in February 2026. Expect decimation of US Markets and Housing Market.