Looking at the 4-hour chart of the 10-Year U.S. Notes we see price ending a wedged pattern in wave (C). This pattern is known as an ending diagonal, that can after its completion push prices in the opposite direction.
I have been writing about the New Zealand Dollar lately and I think it has bottomed, turned and will continue to head higher. I think a first initial major target is the January 2017 high right above 73.50.
Another Federal Reserve policymaker on Tuesday backed an emerging U.S. central bank plan to begin trimming its bond holdings later this year, as Kansas City Fed President Esther George warned against waiting too long in order to "overheat" labor markets.
U.S. Treasury yields tumbled on Thursday and were on track for the biggest weekly decline since late 2015 after U.S. President Donald Trump said he would like to see interest rates stay low, while inflows into bonds drained life from stocks.