Time has shifted the Primary Pattern in 10-year U.S. interest rates higher this past month. The Primary Pattern is considered to be 9-months or per Dow Theory. A good rule of thumb in determining a primary pattern is to look at 10-months to a year worth of price action and the primary pattern should not be able to hide itself.
The all-important 50-day pattern also shifted higher last week.
The implications of U.S. interest rates shifting higher on such an influential time frame points to a continued strong dollar / weak commodity environment.