US 10Y YIELD JUST BROKE OUT OF A MULTI-YEAR BULLISH PENNANT. The US 10-year Treasury yield has broken above a massive symmetrical triangle that has been forming since 2022. Here's why this matters: 🔸 The breakout confirms a shift in the long-term yield structure. 🔸 The former upper trendline could now act as support. 🔸 A successful retest followed by continuation could send yields toward 5.7%, with 6.1% as the next major target. Higher yields could mean renewed pressure on risk assets, including equities and crypto. This is a macro development worth watching closely.