Ten-Year rates hit my ‘max’ number today exactly: 2.39%. The chart also shows rates above the maxed-out, 2.31% target of a larger, ‘reverse’ pattern. Together, these two Hidden Pivot resistance points should offer challenging resistance, notwithstanding the Fed’s determination to tighten for the foreseeable future. However, if 10-year yields continue higher, I will need to haul out some very-long-term charts to project a new target. This is even though yields on the 30-Year T-Bond still have room before they hit a 3.02% target that we’ve been using for about the last six months.