The world equity markets this week are a bit shaky as global bond market yields are on the rise. Rising bond yields signal rising interest rates and increasing inflationary pressures. See on the daily bar chart that March U.S. Treasury bond futures are in a solid downtrend, have this week set a new contract low, and there are no early chart clues to suggest a market bottom is close at hand. The path of least resistance for U.S. T-Bond and T-Note prices will remain sideways to lower (rising yields) until there is a significantly bullish near-term chart clue to suggest otherwise. Stay tuned!–Jim