Continues to pull back and the market is enjoying this and so is $TLT.
The 50 Day MA is looking set to be tested next at 4.44% and there may be a relief bounce after testing this MA too, which will likely just be a Wave B bounce at the very least, followed by a lower low next to the yellow triangle breakout level
As long as the 10 YR keeps pulling back then the market can keep moving in the melt up scenario.