Keep TNX Channel In Mind

I hear this constant daily noise about where U.S. 10-yr treasury note yield is going. It seems that both bulls and bears are too busy fighting and need to pull up the long-term chart. There is a 26-year-old descending channel in place.
We truly live in different times now, when there are very few choices for a safe haven left. U.S. 10-yr t-note is definitely one of them. But when I look at the chart below, I see that every touch of the channel boundaries was followed by a reversal. Keep this chart in mind the next time you hear a talking head tell you where the long-term interest rates are going.

click on chart to enlarge