CHART OF THE DAY: Bond Market Signaling Higher Inflation

What did the US Treasury Bond Market Signal AFTER our Treasury Bond Vol (MOVE Index) Signal broke out to the upside?

1. UST 2yr Yield was +15 basis points last week to +54 basis points in the last month = #Quad3
2. UST 10yr Yield was +16 basis points last week to +45 basis points in the last month = #Quad3

While the Longest-end of the Yield curve that I model (UST 30yr Yield) broke out to Bullish TREND (that’s bullish for Bond Yields and bearish for Bonds) in the 1^st week of October and the UST 10yr Yield joined that move within a week…