Bullish Reversal in 10-year Yield

Since 2010, the 10-year yield has fallen from almost 4% to under 2%. This has been a continuation of the 30+ year downtrend, which originated when 10-year treasuries yielded almost 10%! As yields have rebounded from the recent 2019 low of 1.4% (which didn't go as low as the 1.35% we saw in 2016), an inverse head-and-shoulders reversal has become increasingly visible (although not yet confirmed).
Should yields increase more than 50% to the ~3.00% target in the chart, consumer banks are an excellent way to capitalize on such a move. Online banks such as Ally Financial, and brokerage houses such as E-Trade, IBKR and Schwab are also poised to benefit significantly.
Head and Shoulders

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