10 Year Note Yields

The yield on the 10 year notes made it up to the 50% retrace level and was turned away as you can see on the weekly chart below.

This tells us that we are going to see rates move lower and at the very least a 50% move of the most recent uptick and an outside shot of rates moving to new lows.

This is where I would park my money that currently is on the sidelines with the continuing bear market.