TLT Trouble? — Calm Volatility Meets Inflation Fear

The 10 year trying

US 10 year is trading right on the 50 day. The negative trend line since July comes in here as well. Let's see how this plays out, but a proper close above the 4.1% area and things could get even more dynamic to the upside. Note that bond volatility, MOVE, has continued to stay extremely calm.