Well, at least you don’t hear much talk about how this silly rally is a sign of confidence in America’s economic future. More like the only game in town now that the U.S. is perceived as being the last too-big-to-fail debtor on the planet.  We shall see.  In any case, a Hidden Pivot at 134^09 looks like a potential rally-stopper, implying there’s only a little more upside above yesterday’s 134^01 high.  This should correspond to a bottom in yields of 3.64%, my target for TYX, a CBOE proxy for 30-Year  T-Bond rates.