U.S. Treasury yields are on the rise (futures prices falling) following the recent hotter U.S. inflation data from the consumer price index. See on the daily bar chart for 10-year U.S. Treasury note futures that prices are trending down and this week hit a contract low. There are no early, significant chart clues to suggest a market bottom is close at hand. That means the path of least resistance for bond and note futures prices remains sideways to lower (yields sideways to higher).—Stay tuned. Jim Wyckoff